Articles by Andy Wang

Verio (Nasdaq: VRIO), the world's largest domain-based Web-hosting company and a provider of e-commerce services for small businesses, is taking e-commerce global in a major way. Today, Verio announced an agreement with Cybersource, a leading supplier of e-commerce transaction services, to offer businesses the ability to process and settle online transactions in 29 currencies...

Online community network theglobe.com (Nasdaq: TGLO) is offering a unique way for its users to enter the e-commerce arena Theglobe.com, which boasts more than 9.3 million users, will provide Wave System's new MyPublish e-commerce service to its members. The service will allow users to sell digital content, including images, text, audio, video and s...

Inktomi (Nasdaq: INKT), which develops software to power search engines and e-commerce sites, made another key move this week to expand its presence in the online shopping arena. On Thursday, the company announced that it has signed a deal to purchase 100 percent of Impulse! Buy Network, which develops online merchandising software, in exchange for 900,000 shares of stock...

CBS (NYSE: CBS) has built an impressive Internet presence with investments in content companies like Marketwatch (Nasdaq: MKTW) and Sportsline (Nasdaq: SPLN). Now the media giant is focusing on e-commerce. Today, CBS announced a deal to acquire 1/3 of Office.com, a destination site for small businesses Office.com, which is owned by broadband commun...

Online investment research network Multex.com (Nasdaq: MLTX) has made a lot of noise since it went public in March, and the company announced another significant partnership on Wednesday Multex, which provides free and premium research for institutional and individual investors, has agreed to a multiyear deal with financial software company Intuit ...

Shares of online broker National Discount Brokers (NYSE: NDB) were up sharply in early trading today after the company announced an agreement with Briefing.com, a leading site for financial markets analysis. The deal will give customers of National Discount Brokers free access to much of Briefing.com's proprietary financial information, analysis and commentary...

Go2Net (Nasdaq: GNET) seems determined to become the next big portal site, and the company strengthened its e-commerce presence on Monday by announcing the acquisition of auction site Haggle Online Go2Net will pay $6.5 million (US$) in stock for Haggle Online. Go2Net is taking advantage of its stock's stunning run up in recent months. Shares of Go2...

The king of the online auction houses is making a big push into the high-end market. On Thursday, eBay.com (Nasdaq: EBAY) announced that it was partnering with upscale brick-and-mortar auction house Butterfield & Butterfield to introduce a new trading category on eBay.com The companies will work together to auction antiques, fine art and collectibl...

Office Depot (Nasdaq: ODP), the world's largest retailer of office products, reported explosive growth in its e-commerce business in the first quarter of 1999, dazzling Wall Street after the end of trading on Thursday, with a 759 percent year-to-year increase in online sales Internet sales for the first quarter were $50.35 million (US$), compared t...

In a deal that the companies are billing as the largest online marketing agreement ever announced, online used car resource AutoConnect signed a deal today to pay America Online $17 million (US$) for 26 months of promotion Under the terms of the deal, AutoConnect.com becomes the premier source of used automobile classified advertising on America On...

In just the latest sign that online investing is growing rapidly, online broker Ameritrade (Nasdaq: AMTD) calmed Internet investors after the closing bell on Wednesday by announcing record earnings of $8.1 million (US$), or 14 cents per share, in its second quarter of fiscal 1999. The earnings were twice as much as analysts surveyed by First Call expected...

Online travel wholesaler Travelscape.com and leading Web mapping site MapQuest.com are teaming up to help get consumers wherever they want to go Under the terms of a deal announced Tuesday, Travelscape.com will become a premier provider of hotel and travel packages on Mapquest.com. Customers will be able to use Mapquest to plan their travel routes,...

After building their technical infrastructure and boosting brand-awareness, recent news announcements are pointing to a strong industry-wide emphasis on providing value-added services and increased customer support. Along these lines, Cyberian Outpost (Nasdaq: COOL), an Internet-based retailer of computer products reported a new, broad-based customer-oriented initiative that may raise the stakes in the intensely competitive e-commerce market...

Talk about streaming media software company RealNetworks (Nasdaq: RNWK) being acquired by another company has been rampant recently, with Yahoo!'s (Nasdaq: YHOO) $6 billion purchase of Broadcast.com (Nasdaq: BCST) fueling more speculation about the next power play in the industry. But RealNetworks executives have insisted the company isn't looking to be bought, and for now, the company seems to be concentrating on buying on other companies...

There was good news for online auction buyers and sellers on Monday, as eBay (Nasdaq: EBAY) announced plans for two new deals which will integrate product shipping capabilities directly into eBay's popular Internet-based auction Web site. eBay chose Mail Boxes Etc. (MBE), which is reportedly the world's largest franchisor of packing and shipping services, and iShip.com, a leading provider of multi-carrier Web-based shipping services for e-commerce, to provide eBay members with a first-of-its-kind, integrated system for e-commerce shipping...

In an attempt to grab an even bigger share of a rapidly growing market, America Online (NYSE: AOL) has teamed up with four new major partners to streamline business travel. Today, America Online announced the launch of its business travel center and agreements totaling more than $20 million (US$) with American Airlines (NYSE: AMR), Continental Airlines (NYSE: CAIB), Avis (NYSE: AVI) and Hertz (NYSE: HRZ)...

Inktomi (Nasdaq: INKT), which makes scalable Internet software that powers search engines and e-commerce sites, announced a major expansion of its online shopping presence on Friday. The company said that the Inktomi Shopping Engine's coverage will now include five new portal and destination sites, more than 350 merchants and more than two million products...

One of the nation's most well-known media companies is getting into online coupons. Tribune Ventures, the strategic investment unit of Tribune, (NYSE: TRB) announced Thursday that it has invested in SuperMarkets Online SuperMarkets Online's ValuPage service offers online coupons that are accepted at more than 9,000 grocery stories in the United Sta...

FDX Corp., the parent company of Federal Express, has teamed up with Netscape, now owned by America Online (NYSE: AOL), to create an online shipping portal. On Wednesday, the companies agreed to a multiyear deal to offer a variety of delivery services on Netscape's Netcenter portal site FedEx, the world's largest air express shipping company, will ...

Online music, movie and software distributor Navarre (Nasdaq: NAVR) has jumped on the Linux bandwagon. On Wednesday, Navarre announced that it has entered into distribution deals with the four premier publishers of commercial versions of Linux: Caldera Systems, Red Hat Software, SuSe, Inc. and Simon & Schuster Interactive "It is Navarre's intention...