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The European online travel market will soar from the US$2.9 billion racked up in sales last year to $10.9 billion in 2002 -- a nearly 300 percent spike -- according to a study released Monday by Internet travel measurement firm PhoCusWright. The report found that a number of factors will help drive...

More than 90 percent of online shoppers were satisfied with their holiday shopping experiences and more than two-thirds plan to buy online again soon, according to a report released Monday by the NPD Group. The NPD e-Visory shows that 57 percent of shoppers were "very" or "extremely" satisfied...

Despite a slowdown in growth during 2001, particularly for the first six months, e-commerce sales will increase 57 percent this year compared to 2000, according to an upcoming report by research firm eMarketer. In previewing the report Saturday, eMarketer co-founder Geoffrey Ramsey told the E-Comme...

eBay said Sunday it will spend about US$120 million to buy a majority stake in Internet Auction Co. Ltd., Korea's largest auction Web site, giving the U.S. online auction giant a foothold in one of the world's biggest e-commerce markets. With about one-third of its citizens online, South Korea is t...

Dell Computer Corp. (Nasdaq: DELL) was down 0.94 at 18.06 early Monday following reports that Bear Stearns cut estimates for the computer maker's 2001 and 2002 earnings. The firm reportedly lowered its outlook for Dell's 2001 earnings per share from 92 cents to 87 cents, and cut its forecast for 2...

Yahoo! Inc. fell 1.06 to 28.50 Friday following reports that Merrill Lynch analyst Henry Blodget said the company's new plan to start charging auction user fees will generate less revenue than he previously thought. According to reports, Blodget lowered his estimate for the amount of money the fees...

VerticalNet, Inc. (Nasdaq: VERT) fell 1.34 to 3.97 early Monday after the e-commerce software maker said chief executive officer Joseph Galli resigned to become president and CEO of manufacturing company Newell Rubbermaid. Galli, who joined VerticalNet last July, is being replaced by Michael Hagan,...

eBay users are a vocal, attentive lot. If Meg Whitman sneezes, they rush to the message boards to issue a "Bless You" en masse. But mostly, they use their electronic soapboxes to vent. Recently, those message boards overflowed with vitriol regarding eBay's newly reinforced policies restricting con...

Troubled toy e-tailer eToys (Nasdaq: ETYS) moved to the dot-com critical list Thursday, announcing that approximately 70 percent of the company's 1,000 employees have been informed that their jobs are being eliminated. eToys said the layoffs were effective immediately for about 380 employees. The re...

A host of corporate titans including Microsoft, PepsiCo, DaimlerChrysler, and AT&T have signed a new protocol designed to eliminate some of the pitfalls of business-to-business (B2B) e-commerce. The American Arbitration Association (AAA), which announced the "eCommerce Dispute Management P...

Traffic to e-tail sites during the just-concluded holiday shopping season spiked 30.3 percent from 1999 levels, with online retailers registering an average of 34.2 million unique visits each week, according to data released Friday by Internet measurement firm Media Metrix. Moreover, the study foun...

Demonstrating that e-commerce blight is sweeping beyond e-tailers to claim casualties among the companies that serve them, e-commerce transactions services company CyberSource (Nasdaq: CYBS) announced Thursday that it is restructuring its operations and lowering fourth quarter revenue projections...

Security concerns and a lack of confidence in customer service are still the main issues keeping consumers from making online shopping a habit, according to data released Friday by NFO Interactive. Seventy-two percent of people surveyed for the firm's "2000 Online Retail Monitor" study who sai...

Mercata.com, the buy-by-group e-tail site that enjoyed the early backing of Microsoft co-founder Paul Allen, said Thursday it will cease operations. The announcement came one day after Bellevue, Washington-based Mercata withdrew a US$100 million initial public offering (IPO), citing market condition...

Musicmaker.com (Nasdaq: HITS) rose 1.75 to 4.62 Thursday after the online music provider said its directors approved a plan to dissolve the company. Musicmaker said the board of directors decided that distributing the company's assets would provide shareholders with the greatest value of all the ...