Articles by Andy Wang

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Victoria's Secret Brings Flash to AOL

The angels are coming to America Online (Nasdaq: AOL). The Victoria's Secret Angels, that is Victoria's Secret parent company, Intimate Brands, Inc. (NYSE: IBI), announced today that Victoria's Secret will become an anchor tenant in the lingerie department of the apparel commerce centers in the new Shop@AOL, Shop@AOL.com, Shop@CompuServe, and Shop@...

Xoom.com Launches Person-To-Person Auctions

The online auction space became significantly more crowded on Thursday when direct e-commerce company Xoom.com (Nasdaq:XMCM) launched a person-to-person auction service This launch could pose a big threat to leading auction site eBay (Nasdaq: EBAY) for two reasons. First of all, Xoom.com already reaches more than 8.8 million members. Second and per...

Amazon.com Piles Up Big Revenues, Big Losses

The revenues keep on growing for leading e-commerce retailer Amazon.com (Nasdaq: AMZN). So do the losses On Wednesday, Amazon.com reported its second-quarter results, announcing that net sales were $314.4 million (US$), an increase of 171 percent over the same period last year. The company also reported a second-quarter pro forma net loss of $82.8 ...

US Search Finds Home on Yahoo!

US Search, a recently public company that bills itself as the "public record portal," now has a home on top portal site Yahoo! Today, Yahoo! and US Search, which helps customers find long-lost friends or relatives, announced a premier merchant agreement. US Search's services will now be featured on Yahoo! via category page banners, fixed placement ...

Styleclick.com Adds Fashion To iVillage

The competition is fierce among leading online women's networks with major players like iVillage (Nasdaq: IVIL), Oxygen and Women.com battling for eyeballs and dollars. iVillage just added a little more ammo Monday, e-commerce fashion site Styleclick.com (Nasdaq: IBUY) announced that it has signed a deal with iVillage to host a co-branded shopping ...

Fatbrain.com Taps Into Lucent's Minds

Fatbrain.com (Nasdaq: FATB), an online bookstore designed for corporate professionals, suddenly has more than 140,000 new potential customers Today, Fatbrain.com announced a multiyear deal with leading telecommunications and network company Lucent Technologies (NYSE: LU). Lucent has signed up for Fatbrain.com's FindITNow intranet bookstore program,...

Beyond.com Launches Co-Branded MySoftware Store

As the threat of Onsale (Nasdaq: ONSL) and Egghead.com (Nasdaq: EGGS) combining their resources to grab a larger market share in online software sales looms, online software superstore Beyond.com (Nasdaq: BYND) is using partners to help extend its brand On Thursday, Beyond.com announced the launch of a co-branded online software store for direct ma...

Tribune Media Sends Online Shoppers to the Movies

A major media company and an emerging online network for broadband-enabled consumers are teaming up to offer an alternative for movie fans who are tired of waiting in long lines at their local theater. Today, Tribune Media Services, which is a subsidary of Tribune Company (NYSE: TRB), and On2.com (AMEX: ONT), which is creating a network of Web channels that deliver video-rich, interactive content via broadband, are working together to launch a new service that will offer online ticketing for more than 29,000 movie screens nationwide...

Yahoo! Launches Auctions in Germany

Although it still appears as if eBay (Nasdaq: EBAY) is the clear leader in online auctions, Yahoo! (Nasdaq: YHOO) is making a big push to grab a piece of the international market. Today, Yahoo! announced that Yahoo! Germany has launched a German version of Yahoo!'s auction service The service provides sellers with a vehicle to market items in many ...

Verio Swallows digitalNATION in $100 Million Deal

The Web hosting server market is growing rapidly as more businesses go online, and the popular domain-based Web hosting company Verio (Nasdaq: VRIO) is tapping into this expanding market Today, Verio, which provides Internet services for online businesses, announced the acquisition of privately held digitalNATION, which is a provider of server Web ...

Webvan Group Commits $1 Billion To Online Grocery Expansion

Privately held online grocer Webvan Group is looking to go national in a major way. On Friday, Webvan announced a deal with construction firm Bechtel that greatly ups the ante for online sales of groceries. The deal, which is expected to exceed $1 billion (US$), will result in Webvan distribution centers being built by Bechtel in 26 new markets over the next 24 months...

Infoseek and Bell Atlantic Sign E-Commerce Deal

Telecommunications heavyweight Bell Atlantic has 43 million telephone access lines and nine million wireless customers worldwide. The company is now looking beyond telephone customers, however, and focusing on e-commerce On Thursday, leading search engine Infoseek (Nasdaq: SEEK), which is an anchor site for the GO Network, announced a three-year de...

Yahoo! and Broadcast.com Blast Past Expectations

Leading portal site Yahoo! (Nasdaq: YHOO) continued its run of exceeding Wall Street's expectations when it announced its second-quarter earnings on Wednesday after the U.S. stock markets closed Yahoo! reported net revenues of more than $115 million (US$), a 156 percent increase over the same period last year. The company's net second-quarter loss,...

E*Trade Branches Out Into Real Estate Market

Not content with being just an online broker, E*Trade (Nasdaq: EGRP) announced today that it is expanding its e-commerce arsenal by branching out into real estate. E*Trade and online real estate marketplace Owners.com have launched a co-branded real estate service that can be accessed on E*Trade's mortgage center The new service will allow E*Trade'...

DrKoop.com and AOL Sign $89 Million Deal

Online health network drkoop.com (Nasdaq: KOOP) raised more than $84 million (US$) in an initial public offering on June 8th. That might seem like a lot of money, but drkoop.com is now spending all of that money -- and then some -- on one single deal Drkoop.com announced today that it has signed a strategic marketing alliance with America Online (N...

BizRate.Com Banks $20 Million In New Financing

Online shopping is supposed to be empowering, but surfing through all the various retailers to make a purchase can often be exhausting and frustrating. That's why online shopping guides like BizRate.com, which are designed to help customers comparison shop and make informed purchases, are in favor Today, BizRate announced that it has secured $20 mi...

Wal-Mart Goes After Amazon.com

Leading e-commerce retailer Amazon.com (Nasdaq: AMZN) is clearly dominating online bookselling. The competition, however, just got a lot tougher Today, Wal-Mart (NYSE: WMT), which is massively expanding its e-commerce presence, announced that it has formed a strategic alliance with Books-A-Million (Nasdaq: BAMM), the third largest book retail chain...

America Online Gets Stylish

America Online (NYSE: AOL) is becoming a little more fashionable and a little richer Modacad Inc. (Nasdaq: MODA), which owns the fashion-related e-commerce site styleclick.com announced today that it has signed a two-year marketing agreement with AOL.

CMGI Buys Majority Stake of Compaq's Altavista

For about a week, Wall Street had been buzzing about a possible deal between Internet incubator CMGI (Nasdaq: CMGI) and computer manufacturer Compaq (Nasdaq: CPQ). The companies made it official today CMGI and Compaq announced that CMGI will take an 83 percent stake in Compaq's Altavista search engine and its related properties, which include onlin...

MSN Expedia Gets Radio Show

For e-commerce companies, raising brand awareness through offline promotion can be an extremely costly yet crucial part of their marketing strategy. On Friday, Microsoft (Nasdaq: MSFT) announced that it had scored a significant coup in that regard Microsoft will launch Expedia Radio, a one-hour, syndicated weekly radio program that is designed as a...

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