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tag: e commerce

Andrew Mason: Groupon is a "human-technology hybrid"

Andrew Mason: Groupon is a "human-technology hybrid"

October 27, 2010 3:30 PM Owen Thomas

Groupon, the insanely fast-growing online-deals purveyor, has a thousand employees in its Chicago home base, half of them in sales, its founder and CEO Andrew Mason, said today.

Had the company started in Silicon Valley, he might have felt pressure …

Why are travel sites like Expedia desperate to keep Google grounded?

Why are travel sites like Expedia desperate to keep Google grounded?

October 26, 2010 2:50 PM Matthew Lynley

Expedia.com and a number of other travel websites are attempting to block Google’s acquisition of ITA Software, a buyout that would give Google access to real-time flight data.

Google is looking to acquire the flight data provider for around $700 …

Appcelerator raises $9M to build app for PayPal merchants

Appcelerator raises $9M to build app for PayPal merchants

October 26, 2010 12:00 PM Matthew Lynley

Appcelerator, which makes software that translates web-developed applications into Objective-C and other languages used in mobile operating systems, announced today that it has raised $9 million in its second round of funding from eBay and Sierra Ventures.

Software translation services …

"Zappos of China" OkBuy.com grabs $17M to go shoe shopping

"Zappos of China" OkBuy.com grabs $17M to go shoe shopping

October 21, 2010 8:49 AM Devindra Hardawar

Chinese online shoe retailer OkBuy.com announced yesterday that it has raised $17 million in a second round of funding from Sequoia Capital, Intel Capital, and Draper Fisher Jurvetson.

The company, which can be best described as China’s equivalent of the …

eBay cashes in on PayPal as online auctions stop growing

eBay cashes in on PayPal as online auctions stop growing

October 20, 2010 2:14 PM Matthew Lynley

For the first time in more than a year, eBay has not seen any significant revenue growth from its auctions. That has left PayPal, which continues to grow at a healthy rate, as the flagship revenue stream for the once-leading …

SundaySky raises $9M to generate interactive videos on the fly

SundaySky raises $9M to generate interactive videos on the fly

October 12, 2010 9:00 AM Matthew Lynley

SundaySky, a company that generates sales videos for e-commerce, real estate and travel sites, announced today it has raised $9 million in its second round of funding.

SundaySky produces interactive videos for various e-commerce products on sites like Overstock.com to …

PlaySpan launches game e-commerce and payments platform as a service

PlaySpan launches game e-commerce and payments platform as a service

October 1, 2010 5:00 AM Dean Takahashi

PlaySpan is turning itself into a one-stop shop for e-commerce and payments for online games, social networks, and video sites.

Today, the company is introducing its “monetization as a service” platform. The service is a web-based platform that combines seven …

Chegg CEO: I want students' business 365 days a year

Chegg CEO: I want students' business 365 days a year

September 27, 2010 2:34 PM Owen Thomas

High-profile Silicon Valley startup Chegg just raised $75 million to keep expanding its core business of shipping used textbooks to college students. But CEO Dan Rosensweig said that the company is going to woo students every day of the year, …

Adobe wants to glitz up the mobile shopping experience

Adobe wants to glitz up the mobile shopping experience

September 26, 2010 9:00 PM Anthony Ha

Adobe is moving its mobile efforts into a new industry today — shopping.

Over the past couple of years, Adobe has been fighting to make a place for its Flash technology on the wave of new smartphones from Apple, Google, …

Jimdo upgrades its tools for online shopkeepers

Jimdo upgrades its tools for online shopkeepers

September 22, 2010 6:07 PM Anthony Ha

I haven’t spent as much time writing about simple website builder Jimdo as I have on San Francisco-based competitors Weebly and Yola. But Jimdo caught up with the competition in one key respect today, with the full launch of its …

An open letter to Groupon's CEO: How to get ahead of your next PR crisis

An open letter to Groupon's CEO: How to get ahead of your next PR crisis

September 17, 2010 11:27 AM Owen Thomas

Dear Andrew:

It was great sitting down with you on stage at the DEMO conference this week. We talked a bit about the challenges of your runaway growth and the difficulties of applying your innovative collective-buying model to small, local …

DEMO: Andrew Mason reveals Groupon's secrets (video)

DEMO: Andrew Mason reveals Groupon's secrets (video)

September 15, 2010 12:31 PM Dean Takahashi

VentureBeat executive editor Owen Thomas interviewed Groupon founder Andrew Mason on stage at the DEMO Fall 2010. Groupon is the group-buying phenomenon that recently raised $135 million from Digital Sky Technologies and is reportedly making tens of millions of dollars …

DEMO: Needly takes on Amazon.com, eBay and Craigslist with peer-to-peer sales

DEMO: Needly takes on Amazon.com, eBay and Craigslist with peer-to-peer sales

September 15, 2010 11:35 AM Matthew Lynley

Needly is one of 70 companies chosen by VentureBeat to launch at the DEMO Fall 2010 event taking place this week in Silicon Valley. After our selection, the companies pay a fee to present. Our coverage of them remains objective.…

DEMO: Zappli's myShopanion launches social shopping for iPhone

DEMO: Zappli's myShopanion launches social shopping for iPhone

September 14, 2010 2:48 PM Sid Yadav

Zappli is one of 70 companies chosen by VentureBeat to launch at the DEMO Fall 2010 event taking place this week in Silicon Valley. After our selection, the companies pay a fee to present. Our coverage of them remains objective.…

DEMO: MobiCart lets anyone build and manage their own mobile web store

DEMO: MobiCart lets anyone build and manage their own mobile web store

September 14, 2010 2:36 PM Devindra Hardawar

MobiCart is one of 70 companies chosen by VentureBeat to launch at the DEMO Fall 2010 event taking place this week in Silicon Valley. After our selection, the companies pay a fee to present. Our coverage of them remains objective.…

The race for the next eBay: Will Accel and Kleiner beat Benchmark?

The race for the next eBay: Will Accel and Kleiner beat Benchmark?

August 31, 2010 4:26 PM Owen Thomas

Accel Partners, the venture capitalists behind Facebook, have a lot in their shopping bag. The latest bauble they’ve picked up: part of a $47 million investment in Showroomprive.com, a European members-only sales site.

The members-only sales phenomenon, popularized by Showroomprive …

Etsy lands $20M, bringing valuation to nearly $300M, hires ex-Googler as COO

Etsy lands $20M, bringing valuation to nearly $300M, hires ex-Googler as COO

August 27, 2010 8:18 AM Devindra Hardawar

It’s a busy time for e-commerce site Etsy, which focuses on handmade arts and crafts. The company announced yesterday that it has snagged $20 million in its fifth round of funding, led by Index Ventures. And just this morning, it …

Why e-commerce IPOs will soon be the smarter buy

Why e-commerce IPOs will soon be the smarter buy

August 18, 2010 1:01 PM Owen Thomas

Media is hard. Let’s go shopping!

In Silicon Valley, market-watchers are looking to digital media in its many forms — social networks, tablet apps, user-generated content — to revive the IPO market. That’s why there’s so much buzz about Zynga …

Google to buy visual search firm Like.com for more than $100M?

Google to buy visual search firm Like.com for more than $100M?

August 15, 2010 8:38 PM Dean Takahashi

Google is in the final stages of acquiring visual search and e-commerce firm Like.com for more than $100 million, according to a report in Techcrunch.

Citing multiple sources, Techcrunch said the acquisition looks like it will happen, though it isn’t …

Payfone gets $11 million for mobile payments

Payfone gets $11 million for mobile payments

August 2, 2010 12:49 PM Jacob Brody

After operating in stealth for the past 3 years, mobile payment startup Payfone is officially stepping into the fray today after announcing an $11 million Series B financing, the company’s second infusion. While competition in the sector is fierce — …

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