e commerce site

e commerce site

India’s top e-commerce service Flipkart reportedly buys close rival LetsBuy

thenextweb.com
Indian e-commerce site Flipkart is reported to have bought local rival LetsBuy, according to a report from Medianama. The deal is expected to be confirmed over the coming few days, with sources speculating that it could be worth $20-30 million. When asked by Medianama about the deal, Manish Vij, who...
India’s top e-commerce service Flipkart reportedly buys close rival LetsBuy
Hoping To Ride The Crowdfunding Wave, Celery Lets Sellers Accept Pre-Orders, Charge When Products Ready To Ship
Jody Sherman, Ecomom Founder And Longtime Web Entrepreneur, Has Died
Yahoo closes $7.6B repurchase deal with Alibaba

Ideeli Latest Round Brings Total Raised to Nearly $100 Million

allthingsd.com
Ideeli, an e-commerce site that sells apparel at discounted prices, has raised an additional $30 million in funding. The New York company, which competes with other so-called flash sales sites like Gilt Groupe and Rue La La, says it has signed up more than 5.5 million members and has worked...
Ideeli Latest Round Brings Total Raised to Nearly $100 Million

Hot startup Fab bets big on Facebook display ads

news.cnet.com
E-commerce site Fab, already growing like crazy, is making a big push to crack into the mainstream. [Read more]...
Hot startup Fab bets big on Facebook display ads

Rakuten-Owned Buy.com CEO Neel Grover, COO Greg Giraudi Step Down [Memo]

techcrunch.com
A changing of the guard at Buy.com, which was bought by Japan’s Rakuten in May 2010. Long-serving executives CEO/president Neel Grover and COO Greg Giraudi are stepping down from their roles, effective September 1. Grover had been instrumental behind the sale of the e-commerce site to the Japanese giant for...
Rakuten-Owned Buy.com CEO Neel Grover, COO Greg Giraudi Step Down [Memo]

Streamlining its brand, Jingdong's 360buy.com renames to JD.com

thenextweb.com
China’s Jingdong announced today that, in order to streamline its brand, it is renaming the B2C e-commerce site 360buy.com to JD.com. 360buy’s focus has been on communication, computers and consumer electronics. It boasts around 80 million registered users. The move is not so much a restructuring as it is perhaps...
Streamlining its brand, Jingdong's 360buy.com renames to JD.com
With new U.S. presence, Shopcade expands its social commerce business model
Former MySpacers move into social commerce with Uncovet

Bubble Safari, Wish, social readers, Viddy and more on this week’s top 20 growing Facebook apps by DAU

www.insidefacebook.com
Zynga’s Bubble Safari had a big week, taking the top spot on our list of fastest growing Facebook applications by daily active users. Earlier this week the game led our list of apps growing by monthly active users, as well. The titles below grew between 190,000 and 3.9 million DAU, based...
Bubble Safari, Wish, social readers, Viddy and more on this week’s top 20 growing Facebook apps by DAU

Slow-loading e-commerce sites cost global retailers more than £1.7b in lost sales

thenextweb.com
Slow page loading speeds cost online retailers globally more than £1.7 billion in lost sales according to new research from online customer data platform QuBit. E-commerce is now well established and seasoned retailers are adept at working out what customers would like to see on a page, how best to market...
Slow-loading e-commerce sites cost global retailers more than £1.7b in lost sales
How Rakuten, the Amazon.com of Japan, plans to make a name for itself in the US

Airbnb Finally Lands The Zappos Veteran It's Eyed For Years

www.businessinsider.com
Alfred Lin of Sequoia Capital will join the board of directors of Airbnb, the lodging marketplace that's one of the most-watched private companies in Silicon Valley today, Business Insider has learned. Lin and an Airbnb spokesperson confirmed his hire to us on Friday, after Airbnb CEO Brian Chesky announced it...
Airbnb Finally Lands The Zappos Veteran It's Eyed For Years

Who's Next: Pinterest Designer Sahil Lavingia And His New E-Commerce Site Gumroad

www.fastcompany.com
At 19, Sahil Lavingia has already designed scores of apps and worked at one of the hottest startups in the world--but he's only getting started.At 17, Sahil Lavingia helped design the massively successful Pinterest, currently the third most popular social network, behind Twitter and Facebook. The Wall Street Journal has a...
Who's Next: Pinterest Designer Sahil Lavingia And His New E-Commerce Site Gumroad

Android Is Losing The Platform War, Period (GOOG, AAPL, MSFT)

www.businessinsider.com
We spend a lot of time looking at who is winning the market share war between Android and iOS. If one of those operating systems takes a massive amount of the market share, then it should, duh, control the market. And if it controls the market, then it will get...
Android Is Losing The Platform War, Period (GOOG, AAPL, MSFT)

Amazon launches standalone Kindle Store in India

paidcontent.org
Amazon does not yet operate a general e-commerce site in India, but it is now selling ebooks there. On Wednesday the company launched the India Kindle Store (www.amazon.com/kindlestoreindia), which sells over a million titles priced in Indian Rupees. Indian customers can’t buy a Kindle through the store, but they can...
Amazon launches standalone Kindle Store in India

Zalando, The Samwer Zappos Clone, Closes Another Round, Adds JP Morgan, Quadrant Capital As Backers

techcrunch.com
Zalando, the shoe and fashion e-commerce site originally started as a clone of Zappos by the Samwer brothers, is gearing up for another phase of growth. The company today announced that it has closed another round of funding, adding J.P. Morgan Asset Management and Quadrant Capital Advisors as its newest...
Zalando, The Samwer Zappos Clone, Closes Another Round, Adds JP Morgan, Quadrant Capital As Backers
Yahoo agrees to sell back half of Alibaba stake in $7B deal

Skimlinks founder talks about Pinterest affiliate link saga and “dirty secrets” of the Web

gigaom.com
Earlier this year, when the Web found out that Pinterest was monetizing its pinners through affiliate links, the startup sweetheart found itself under attack for the first time. Some  blogs called it a “scandal,” and news outlets criticized Pinterest quietly making money through a partnership with Skimlinks. The partnership enabled Pinterest to...
Skimlinks founder talks about Pinterest affiliate link saga and “dirty secrets” of the Web

Zappos Eats $1.6 Million In Pricing Snafu

consumerist.com
Zappos-owned e-commerce site 6pm.com had a little pricing problem this weekend: A glitch in its system marked down every product in the store to $49.95. By the time the problem was fixed, the store had lost $1.6 million. So, did Zappos cancel the orders or charge the customers the...
Zappos Eats $1.6 Million In Pricing Snafu

Staples briefly displays mockup Apple product pages in US

www.electronista.com
Over the weekend, office supply retailer Staples had a series of mockup Apple product pages available for viewing on its e-commerce site. While the retailer does sell Apple accessories, such as iPad and iPhone cases, the inadvertent reveal showed an Apple TV for a surprisingly low price of $50. If...
Staples briefly displays mockup Apple product pages in US

Viral Video: Alibaba Makes a Funny

allthingsd.com
Chinese Internet company Alibaba Group made a series of Web videos recently poking fun at odd situations that then turn into buying opportunities on the e-commerce site. The company that once wrangled with Yahoo has made a foray into the U.S. market, which these videos below seem to be...
Viral Video: Alibaba Makes a Funny

An Inside Look At How Etsy Grew Its Female Engineers By 500% In 1 Year

www.businessinsider.com
Etsy, the popular e-commerce site full of one-of-a-kind trinkets, handmade jewelry, and other personalized high-quality items, has risen to become a formidable competitor to eBay and other web-commerce platforms. Brooklyn-based Etsy is very popular among women, in fact 80 percent of its customer base are women and 50 percent of its...
An Inside Look At How Etsy Grew Its Female Engineers By 500% In 1 Year

Actress Christina Applegate Gets In On The Startup Action And Helps Launch New E-Commerce Site, FabKids

www.businessinsider.com
Yet another subscription e-commerce company has launched, but this time Hollywood actress Christina Applegate is getting in on the action. FabKids is a new subscription e-commerce company that sells children's apparel. It has raised a $2.6 million Series A round; Hillsven Capital and Brian Sugar are among the investors.For $49.95...
Actress Christina Applegate Gets In On The Startup Action And Helps Launch New E-Commerce Site, FabKids

James Wahba

betabeat.com
James Wahba is the co-founder and CEO of Projective Space, an entrepreneurial community and coworking space for over 60 tech startups, with two New York City locations. Mr. Wahba’s background includes real estate development, business investments and launching tech startups. He is currently an investor in the Brooklyn-based restaurant, ISA....
James Wahba

Brightstar buys LetsTalk.com to up its e-commerce game, rebrands it as Consensus

thenextweb.com
Global wireless services company Brightstar this morning announced that it has acquired San Francisco-based LetsTalk.com, an independent resource and e-commerce site for wireless products and services for consumers and enterprises alike. Financial terms of the acquisition were not disclosed. According to its website, LetsTalk.com was founded in late 1999 and...
Brightstar buys LetsTalk.com to up its e-commerce game, rebrands it as Consensus

Pinterest in Talks to Raise Funding at Valuation up to $2.5 Billion

allthingsd.com
Online scrapbooking site Pinterest is in talks to raise a new round of financing at a $2 billion to $2.5 billion valuation, said people familiar with the matter. The talks are fluid and a deal isn’t finalized, said one of the people. The San Francisco company, which has exploded onto...
Pinterest in Talks to Raise Funding at Valuation up to $2.5 Billion

Coming Soon To Facebook: Video Ads

www.fastcompany.com
In an attempt to open up a new revenue stream for shareholders, the social network is bringing videos to the newsfeed. Facebook users may find video ads in their newsfeed as soon as July, the Financial Times reports. The social media firm hopes to grab some of the advertising...
Coming Soon To Facebook: Video Ads
Funding Daily: Holiday Party Mix
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