Google continues to enhance its business in e-commerce and providing a portal for users to search and find things to buy alongside ads for those products. Today it was announced that Google has bought Channel Intelligence, a provider of technology to companies to enable customers to buy their products online, for $125 million in an all-cash deal. → Read More
According to new figures released today from mobile commerce startup Branding Brand, mobile commerce over the 2012 holiday season saw major gains, with visits to m-commerce websites up 109 percent year-over-year, page views up by 116 percent, conversions up 30 percent, and sales up by a whopping 171 percent. → Read More
After announcing some early post-Christmas numbers, comScore just released its final analysis of U.S. online holiday spending for 2012: shoppers bought a total of $42.3 billion worth of goods online from November 1 to December 31. That’s up 14% from the $37.2 billion comScore reported last year, but a bit lower than expected as shoppers slowed down around mid-December. → Read More
Everlane, one of the wave of vertically-integrated sites that is changing the way that fashion is made and sold, is today disrupting something else. In protest against the over-the-top consumerism that is Black Friday — where smartphone-equipped shoppers look for incremental sales/parking/stock advantages over those less savvy — Everlane is opting out. The site is going dark on one of the… → Read More
Apple has poached an Amazon exec to take over its Siri department, according to a new report from AllThingsD’s Kara Swisher. The move brings William Stasor, a former AltaVista executive who was in charge of Amazon’s independent A9 retail search subsidiary to Cupertino, and indicates we’ll see Siri get some stronger search chops as a result, especially with regards to online retail. → Read More
Wantworthy, a 2011 TechStars NYC grad offering an online shopping tool for tracking everything you want to buy in one place, has just raised a $1 million in seed funding. RRE Ventures led the round, and Google Ventures, Quotidian Ventures, and several NYC-area angels also participated.
Although on the surface the company might appear to be competitive with Pinterest, various bookmarking… → Read More
Commerce Sciences, the stealthy Israeli and Palo Alto-based e-commerce startup, is launching into open beta today, and is finally revealing what it has built. It’s a Meebo Bar for e-commerce! The company made waves earlier this month when it announced $1.8 million in seed funding from Eric Schmidt’s Innovation Endeavors, Israeli VC firm Genesis Partners, T5 Capital, and a number of angel… → Read More
A lot of global clothing brands turn to India these days to manufacture their products. But today comes news of a $9 million funding round for an online clothing brand based in India that has big ambitions to go global. Freecultr — which CEO and co-founder Sujal Shah likens to an “online-only Uniqlo” (read: competitive price points on trendy, casual apparel) — has added Russian VC ru-Net as an… → Read More
Commerce Sciences, an Israeli eCommerce startup currently shrouded in the infamous “stealth mode,” wants to help personalize your online shopping experience.
To do so, the Palo Alto and Israeli-based company is announcing today that it has raised $1.8 million in seed funding from a number of familiar names. The investors include Eric Schmidt’s Innovation Endeavors, veteran Israeli VC firm … → Read More
For over a decade, if you were to say “home shopping,” you were likely referring to the experience of viewing products on your TV set, and ordering over the phone. After launching in the ’80s, it wasn’t long before television networks like QVC and The Home Shopping Network (HSN) had become synonymous with “home shopping.” The Web and eCommerce changed that. Today, QVC and HSN both have active… → Read More
The stealthy consumer Internet startup Dashlane, which had raised a $5 million Series A back in September, is today coming out of hiding with the launch of its public release. The company is offering a personal data assistant that aims to speed up access to websites through password-saving and online form-filling features, but, as hinted earlier, there’s more to it than that.
There are two key… → Read More
Despite the ongoing economic woes, comScore is reporting online sales figures totaling $534 million for Black Friday – up 1% from last year. Spending on Thanksgiving also rose 6% over 2007’s figures. The increase showed a better-than-expected economic performance in the online sector. Not surprisingly, analysts are pointing to deep discounts and aggressive promotions as part of the reason why… → Read More
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