Internet commerce juggernaut eBay is unveiling a brand new iPhone application dubbed Deals today, alongside an upgraded version of its shopping app for the iPhone and iPod Touch platform and an enhanced mobile website. And there’s a good reason for eBay to bolster its mobile offering: the company says its mobile GMV (value of goods sold) via its iPhone app and mobile website (m.ebay.com) is on track to top half a billion dollars by the end of this year.
Impressive number, and that’s not the end of the story. eBay also shared that its mobile GMV is growing at a double-digit rate month-over-month, and that approximately half of its 750,000 unique mobile users per month are situated outside the United States. Another interesting tidbit: eBay says 1 item is purchased every 2 seconds through its mobile offering.
Earlier this year, eBay CEO John Donahoe told a conference audience that the value of goods sold through the eBay iPhone app alone would exceed $400 million, and that an upgraded version of the app was imminent. That updated app should now be available, and it gained a little brother, too. → Read More
Adconion Media Group announced this morning that it has acquired certain key assets from Joost, the ill-fated online video service started by the infamous Kazaa and Skype founders Niklas Zennström and Janus Friis. The terms of the transaction were not disclosed, but it’s likely a firesale that isn’t bringing any returns to Joost’s investors.
Last June, Joost announced a change in its business strategy to focus on providing white-label video platforms, and Adconion says it plans to pursue this strategy. Notably, Adconion recently announced its first long-term licensing partnership as the exclusive display and video ad-serving solution for the Goldbach Media Group in Europe. → Read More
[Germany] Several federal and regional government officials in Germany are trying to put a ban on Google Analytics, the search giant’s free software product that allows website owners and publishers to get detailed statistics about the number, whereabouts and search behavior of their visitors (and much more).
According to an article in today’s Zeit Online (poor Google translation here), multiple federal and state government officials charged with guarding over national data protection are convinced that Google Analytics is against the law in Germany and are mulling imposing fines on companies who use the service to gather detailed stats based on their website visitors’ usage patterns without the explicit consent of those visitors. → Read More
Japan’s biggest gaming magazine, the Famitsu [JP], has given Nintendo’s newest Mario game New Super Mario Bros. the highest honor in the latest issue. All four editors who tested the game gave 10 points out of 10, resulting in a perfect 40/40 score. → Read More
We all know social games are hot right now, and that’s as true in Russia – a large and growing market – as anywhere else. Now Russian online game developer Nival Network has closed a $5 million round from an undisclosed investor but will use the funds to develop Prime World, its online strategy game with social networking features aimed at the Russia and former Soviet countries.
Nival Network is currently majority owned by founder and CEO Sergey Orlovskiy. Software vendor 1C Group owns a 30% stake in Nival Network, reports Quintura. → Read More
Brussels-based Attentio, a startup that markets a robust software suite for brand monitoring and analysis of conversations that are happening in social media, has raised €525,000 (or $786,000) in financing from the city’s regional investment firm SRIB/GIMB.
The financing consisted of an equity investment of €400,000 and a loan of €125,000.
This brings the total of capital raised by the company to about €3 million, according to co-founder and CCO Simon McDermott, although this is the startup’s first round of institutional funding since its inception in 2004. → Read More
Something really, really bad went down at high flying startup Canopy Financial.
This is one of the high flying startups that had a lot of buzz the last couple of years. They’ve raised at least $85 million in venture capital with the help of an investment bank, Financial Technology Partners. Their most recent round, a reported $62.5 million, was funded by Spectrum Equity Investors.
Canopy debuted on the 2009 Inc. 500 List at #12 in terms of the fastest growing private companies in America.
In 2008 CEO Vikram Kashyap said his company had 2007 revenues of $9 million. More recently, we’ve heard, the company was saying they’d hit $60 million in revenue and $9 million or so in EBITDA.
All of this may have been lies.
Until recently all the venture capitalists involved proudly placed Canopy Financial on their portfolio pages. Now all trace of the company have been erased from the portfolio pages of investors GGV Capital, Spectrum Equity and Foundation Capital. And their investment bank has erased them from their trophy page as well. But here’s what these pages looked like very recently: → Read More
This is certainly something all museums should attempt; not only does it allow for easy browsing of the museum’s pieces, as you see here, but if correctly done it could have maps, lectures, and all sorts of other stuff going on as well. It’s pretty easy to get lost in a labyrinth like the Louvre or V&A, but a system like this could both put people where they want to go and get them to buy more prints and mugs. Can you say credit card reader? I knew you could. → Read More
We might be seeing the start of a new form of motorsport. Electric motorcycles have really been at the cutting edge of development recently, and it’s going to be really interesting to see exactly what happens. → Read More
For some time now, it has seemed like Foursquare was the only game in town. I mean “game” literally, as of the major location-based services, Foursquare seemed to be the only one really emphasizing gaming elements. But now Gowalla is starting to emphasize it more.
To be fair, Gowalla has had a sort of sub-game based around the dropping and picking up of items (basically, virtual goods) since the beginning. But in the latest build of its iPhone app which hit the App Store today, version 1.3, there are some new gaming aspects. The first is that items now have histories attached to them. This allows you to see who has had an item before you in a city. Looking over some of my items now, it’s actually pretty interesting to see that I know some people who have some of them before me. → Read More
There’s a bit of a kerfluffle at the moment over some of Best Buy’s holiday wishes. Well, I think this shows that they understand the true spirit of the season. Thanks, Best Buy. You’ve given the gift that keeps on giving, because it is imprisoned forever in the sunken city of R’lyeh. Ia! → Read More
We promised we’d start publishing some of the more entertaining emails we get in our inbox, in the probably ridiculous hope that publicly shaming people may actually lessen the flow of these absurd messages.
A couple of weeks ago we posted a harried email written by a reader looking for legal help (see No, Don’t Sue Facebook. Yes, Do Get A New Boyfriend).
Now we’ve got another one. Hachette Filipacchi Media, which publishes notable magazines like Elle, Car and Driver and Road & Track, wants a little help with their search engine rankings.
The company’s Digital Outreach Coordinator, Automotive Group sent us an email telling us how much they loved a recent CrunchGear post about Ford. They offered to “link to your site on our microblogs to improve your pagerank.”
Hey, great! We love links. But this link requires a little payback. They want us to link two pages on CarAndDriver.com to the anchor text “Ford Vehicle Buying Guide and/or Ford Flex Buying Guide.” → Read More
Woot, the popular bargain site that offers one good (sometimes great) deal a day, has just launched a new portal at deals.Woot. The new site is a fairly major departure for Woot, which up until now has been driven by product selections from a team of Woot employees (aside from the main Woot.com site, which is often tech/geek focused, there are special subsites for shirts, wine, and a handful of others). Unlike these sites, Deals.Woot is run by its users — it’s essentially a Digg for bargains.
The new site features a list of top deals, as voted on by the community and chosen by the Deals.Woot algorithm. This will be going head to head against other deal sites like SlickDeals and FatWallet, which have well established communities. Woot already has plenty of fans, but it may take some time to build out a base of deal hunters. → Read More
Now this is cool. Some of the hype over Google Wave has died down over the last few weeks, in no small part because most people have absolutely no idea how to use it (no, the 80 minute long video demo doesn’t help). Now it looks like the Wave team has another idea up their sleeves to show people the power of Wave: they’re using it to recreate famous documents.
This time they’ve reconstructed the Declaration of Independence, complete with edits and comments from the founding fathers. My US History is a bit fuzzy, but there are plenty of obvious jokes nestled in here, and I’m sure the Googlers have included a few more subtle ones as well. Unfortunately, it looks like you’ll have to have a Wave account if you want to witness the creation of one of the United States’ most important documents. But we’ve tried to grab a few of the key moments in the screenshots below. → Read More
At a time when publications targeting small business owners are in decline or dying (R.I.P. Fortune Small Business), the Web is thriving with experimentation. One effort that is just getting off its feet is Bizmore, a site backed by former junk bond king Michael Milken and executive-coaching firm Vistage International. Bizmore launched last summer as a Q&A site for business advice. Today, it unveiled a new design with more magazine-like content, including a network of eight blogs, ranging from the Social Business to Workplace Trends and Creative Finance.
“I’ll have 25 blogs before the end of the year,” says editor in chief Jeffrey Davis, who used to work with me as an editor at Business 2.0 before he went on to help run Bnet. Earlier this year, Davis left Bnet to join Bizmore founder Alice Hill to try to build an online publication for small businesses from scratch. Each blog, he says, tackles “some important facet of running a small business (finance, social media, managing, etc), each written not by name journalists, but true experts who speak and consult professionally on their topic.” → Read More
In financial news, HP delivered something positive today. The fourth quarter has been a good one, with HP reporting a net income of $2.4 billion, in comparison to the $2.1 billion they reported last year. It’s nice to see some good news for a change. → Read More
World of Warcraft turns 5-years-old today. Back on November 23, 2004, a year before the current generation of video game systems even began (with the launch of the Xbox 360), Blizzard released the massively multi-player online game at a time when massively multi-player online games were still largely the haunt of hardcore gamers, people with fast Internet connections who were willing to pay $15 per month for access to a game that they already bought. Who can forget the message board threads: Why do I have to pay for a game that I already paid for at the store? How do you beat the game? What happens if and when I stop playing? → Read More
It seems that flight delays could turn into a big business. FlightCaster, the startup that helps predict flight delays long before the airlines themselves usually do, has just landed a $1.3 million funding round led by Tandem Entrepreneurs and Sherpalo Ventures. FlightCaster previously recieved money as part of the Y Combinator program. Today the company is also launching a new API, which developers can learn about here.
FlightCaster’s goal is simple: it wants to let you know when your flight is delayed as early as possible. Using a variety of data sources and complex algorithms, the service will alert you whenever it thinks one of your flights will be delayed, along with an explantation of the factors that contributed to its prediction. → Read More
This photoset is a fantastic use of 10 minutes of your time. Life apparently spent some time on the scenes of Disney’s 1954 classic and the photos have just been posted for your viewing pleasure. They are fantastic. Jump over to the site to see for yourself. [Time via Boing-Boing] → Read More
