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Looking to grab a share of the US$7 billion per year timeshare industry, Internet auction giant EBay said it will launch a marketplace exclusively for the buying and selling of the vacation getaways. Timeshares, in which individuals buy the rights to certain weeks rather than an entire vacation p...
If the saying is true that one person's junk is another's gold, then there should be plenty of wealth to go around for e-businesses these days. After all, the junkyard of bad e-commerce ideas has been piling up steadily for several years, including the high-profile failures of Furniture.com, E-St...
Yahoo! notched a big score when it snatched HotJobs.com from the clutches of Monster.com for a cool $436 million. Or did it? Although the price may have been a bit high, when powered by Yahoo!'s marketing machine and brand equity, HotJobs.com has a shot at unseating Monster.com as the top online ...
E-tailers took the first three spots on the latest list of the top 10 fastest-growing sites, according to a new report released by Jupiter Media Metrix for the month of December. The research firm also reported that Internet malls widened their audience reach in December more than any other type ...
Retailers in Europe are not taking advantage of a growing market for television-based commerce, according to a new study released by Gartner. The reason, according to Gartner G2 analyst Davnet Cassidy, is that retailers "have not linked their interactive TV presence to TV programming." The televi...
Although e-commerce purchasing and Internet use are divided almost evenly among men and women in the United States, global Web use continues to be dominated by men, according to a Nielsen//NetRatings report. The differing demographics at home and abroad may pose a strategic challenge for a host o...
Banks are keen to offer their customers Internet type services at ATM machines, but analysts are unsure when, or if, the vision will become a reality. Giga analyst Penny Gillespie told the E-Commerce Times that she expected to see banks trying out Internet-enabled ATM applications last year, but ...
Although retail revenues were down overall during the 2001 holiday season and for the year, online retail saw double-digit growth. Does that mean online shopping is recession-proof? Most analysts say no, and point to a number of reasons why e-tail is still growing, although not at the exponential...
Internet powerhouse Yahoo! reported better-than-expected results for the quarter ended in December, and said its long-time president, Jeff Mallett, will step down in April. Revenue for the quarter fell to US$188.9 million from $310.9 million in the same quarter last year and the net loss narrowed...
Nearly half of all large U.S. corporations are now using the Internet to cut down on their supply costs, according to a report released by Forrester Research and the Institute for Supply Management. "The Internet has become a necessity for large purchasers," said Bruce D. Temkin, group director a...
January is quickly flying by and we've hardly had time to consider what awaits e-commerce in 2002. How does the year 2002 look for e-commerce? Information technology budgets are paper thin, and leeway for money-losing initiatives is non-existent. But, as they say on Broadway, the show must go on.
SAP has opted out of a joint sales relationship with Commerce One involving the two companies' procurement software, SAP Markets spokesperson Paula Stout told the E-Commerce Times. This snub from its most important partner, a substantial shareholder and one of the biggest names in software, is a ...
When all e-commerce consisted of pure-play Web companies, it was easy to spot e-commerce. But now, if a consumer surfs the Internet to research a product purchase but buys the product at a physical store, can that be considered e-commerce? When the Web plays any role in the buying process, be it ...
Bolstered by a strong holiday shopping season, online auction giant EBay reported record fourth-quarter revenue of US$219.4 million and pro forma net income of $38.5 million, easily beating analyst expectations. The quarter was the 13th consecutive profitable one for the company. For all of 2001,...
The online grocery business has seen some tough times, with Webvan liquidating its assets and Peapod struggling to get back on its feet. Undaunted, Safeway just dove into the mix. Portland, Oregon, and Vancouver, Washington, will be the initial markets for its new Web shopping service, Safeway ann...
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