It's beginning to look a lot like Christmas in October for online retailing stocks. Christmas 1999, that is.
A battle is brewing over U.S. state sales taxes on online purchases. Internet retailers Amazon.com and Overstock.com are scaling back their operations in states that demand they collect these taxes. While this won't dent their revenues much, it foreshadows a larger clash over the taxation of internet commerce. Cash-strapped states are firing the first shots.
Recession notwithstanding, U.S. consumers seem pretty addicted to online commerce: The U.S. Census and Forrester Research both expect total sales of goods and services procured online will reach $235 billion this year, up about 15% from 2008 spending.
On the eve of Alibaba.com's $1.7 billion stock offering - the biggest Internet IPO since Google went public in 2004 - friends of founder Jack Ma warned that he was in for a harrowing ordeal.
Over the last eight years the Alibaba Group, under the guidance of founder and CEO Jack Ma, has gone from strength to strength. Today it holds one of the strongest positions in China's online market.
Amazon.com, the world's largest e-tailer, is expanding a program designed to allow independent sellers - including those on eBay - to use its network of distribution centers to store and ship their products, according to a report published Friday.
Online banking pioneer ING Direct helped transform the banking industry through its high-yield savings accounts, sparking a wave of copycats competing to attract tech-savvy consumers eager for a higher return.
A handful of e-tailers who've found that their business through Google isn't as profitable as it once was are now rushing to park their ad money elsewhere.
Online shopping mall Rakuten is the giant in its chosen field of Japanese Internet commerce, handling millions of customers looking for everything from auction bargains and share broking services, to music downloads and cheap travel tickets.
Just two months after Citigroup jumped into Internet banking, the company's high-yield online savings account is rocking, Citigroup CEO Charles Prince said Thursday.
It's beginning to look a lot like Christmas in October for online retailing stocks. Christmas 1999, that is.
A battle is brewing over U.S. state sales taxes on online purchases. Internet retailers Amazon.com and Overstock.com are scaling back their operations in states that demand they collect these taxes. While this won't dent their revenues much, it foreshadows a larger clash over the taxation of internet commerce. Cash-strapped states are firing the first shots.
Recession notwithstanding, U.S. consumers seem pretty addicted to online commerce: The U.S. Census and Forrester Research both expect total sales of goods and services procured online will reach $235 billion this year, up about 15% from 2008 spending.
On the eve of Alibaba.com's $1.7 billion stock offering - the biggest Internet IPO since Google went public in 2004 - friends of founder Jack Ma warned that he was in for a harrowing ordeal.
Over the last eight years the Alibaba Group, under the guidance of founder and CEO Jack Ma, has gone from strength to strength. Today it holds one of the strongest positions in China's online market.
Amazon.com, the world's largest e-tailer, is expanding a program designed to allow independent sellers - including those on eBay - to use its network of distribution centers to store and ship their products, according to a report published Friday.
Online banking pioneer ING Direct helped transform the banking industry through its high-yield savings accounts, sparking a wave of copycats competing to attract tech-savvy consumers eager for a higher return.
A handful of e-tailers who've found that their business through Google isn't as profitable as it once was are now rushing to park their ad money elsewhere.
Online shopping mall Rakuten is the giant in its chosen field of Japanese Internet commerce, handling millions of customers looking for everything from auction bargains and share broking services, to music downloads and cheap travel tickets.
Just two months after Citigroup jumped into Internet banking, the company's high-yield online savings account is rocking, Citigroup CEO Charles Prince said Thursday.
Technology mergers and acquisitions jumped in a big way last year, and that boom is expected to continue in 2006.
NEW YORK (CNNMoney.com) - It's that most wonderful time of the year...time to go bargain hunting online for presents! So here's our musical tribute to that new 21st Century tradition, Cyber Monday.
China's best-known Internet guru is Jack Ma, the founder of Alibaba.com, an e-commerce auction site that pitches made-in-China goods to a global market.
Will consumers, not wanting to use $3 a gallon gas to get to the mall, shop online this holiday season instead?
Big money is changing hands every day in South Korea, and a large percentage of it is happening at the touch of a cellphone button.
Is it time for investors to sing the following yuletide carol?
It isn't Christmas in July for e-tailing stocks.
It's only April, but I think I can start writing the headlines for some of my end-of-2004 stories.
More and more consumers are turning from traditional banking to online banking.
E-tailers enjoyed a robust holiday shopping season as total online sales jumped almost 30 percent over the same period last year, according to a market research firm's report.
KEN OSTERMANN Manager of electronic commerce, Harley-Davidson
It was March 2000, and 20 executives from staid consumer-goods makers like Kraft, Kellogg, and Nabisco were gathered over lunch at the trendy Tribeca Grill in New York City discussing how the Inter...
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When Brian Sugar left his job as vice president of e-commerce at J. Crew last winter, his friends asked him about his new gig. Sugar, 26, danced around the question. He'd tell them he was moving fr...
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Every Thursday, Tim Harrington, CEO of sporting goods e-tailer Fogdog.com, holds a milk-and-cookies session with his employees. But as most e-commerce CEOs are finding out, turning Nasdaq's castor-...
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As flocks of fledgling Web merchants are finding out the hard way, there's lots more to successful e-commerce than mouse clicks. To see how much more, look at the most challenging corner of busines...
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There was a time when nothing on Wall Street was hotter than B2B. Investors were falling all over each other in a mad rush to buy shares in everything from obscure software vendors to online cattle...
This year, as you might imagine, our idea champs are technology innovators who have commercialized a service or product that promises to make an explosive impact on its industry niche. To find thes...
The transformation of IBM ranks as one of the great comeback stories of the 1990s. Since CEO Lou Gerstner's arrival in 1993, profits have more than doubled, to $7.7 billion last year, and the stock...
Two years ago (olden days in Internet time), Mark Pruner turned on his computer and proceeded to waste his time. It wasn't intentional. Pruner, president of Web Counsel, a new-media consulting, des...
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Two years ago (olden days in Internet time), Mark Pruner turned on his computer and proceeded to waste his time. It wasn't intentional. Pruner, president of Web Counsel, a new-media consulting, des...
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It wasn't until after the fourth straight day of FedEx deliveries that I peeked at the packages my roommate was receiving. He lifted their contents like they were big-game trophies--giant bottles o...
So the first thing you learn about the Internet from studying America's Most Admired Companies is that you don't have to be on the bleeding edge of the Web to be admired. Or even the leading edge. ...
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How many Internet CEOs spend their adolescence learning allegorical life lessons from Warren Buffett? And how many then go on to follow his advice? Patrick Byrne, CEO of Overstock.com, a Salt Lake ...
It's auction day at the National Auto Dealers Exchange (NADE) in Bordentown, N.J. Each Wednesday, some 5,000 used cars go on the block. Car dealers stream in and out of a vast 18-lane auction area....
'Twas the week before Christmas, and all across the land, Moms sat at computers with mice in their hands. They tried to buy gifts on eToys and Amazon, In hopes that the sites would deliver Pokemon....
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Your grandfather made his money in railroads. Your dad struck it rich in oil stocks. And you? You scored big with Internet phenoms.
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The "e" in e-business will soon be irrelevant.
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On the morning of Sept. 28, Amazon.com announced that on the morning of Sept. 29 it planned to make an "announcement significantly affecting the world of e-commerce." From Wall Street to Silicon Va...
PETCO www.petco.com Partner with an e-biz or become one? This supplier decided to pair up.
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RCN Cable, phone and Internet service HEADQUARTERS: Princeton, NJ REVENUES: $245 million TICKER: RCNC FOUNDED: 1997 EMPLOYEES: 2,500 WEB: www.rcn.com
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