NetMarketZine
Life, the Internet, and Everything!
eBay platform prime for Internet age shopping
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Internet Entrepreneur Michael G. Rubin Launches Kynetic
Press Release
Supply: Kynetic
On Monday September 12, 2011, 9:00 am EDT
KING OF PRUSSIA, Pa., Sept. 12, 2011 /PRNewswire/ — Renowned eCommerce entrepreneur, Michael G. Rubin, these days announced the launch of his newest endeavor, Kynetic (http://www.kynetic.com), a company singularly-focused on creating client Web businesses that capitalize on the digital transformation of commerce. Kynetic includes 3 brands at the forefront of innovation in the online commerce area: Fanatics (http://www.fanatics.com), Rue La La (http://www.ruelala.com) and ShopRunner (http://www.shoprunner.com).
(Logo: http://images.prnewswire.com/prnh/20110912/NY65853LOGO )
“I have been a company builder all of my life and I am thrilled to bring my enthusiasm… Continue reading
eBay eyes up to 40 percent jump in China sales (Reuters)
HONG KONG (Reuters) – eBay Inc expects sales from greater China to grow 30-40 % annually from about $ four billion in 2010, with the e-commerce giant looking for acquisition possibilities as portion of efforts to expand its footprint in the quick-expanding marketplace.
While open to acquisition opportunities in China, eBay finds the overall market frothy.
“We carry on to search but only the proper chance at the right price will make us pull the trigger. As you know, in China, it is overheated right now,” stated Lee, who is based in Singapore.
With complete net users at 470 million… Continue reading
Sales of gold up on eBay amid stock market turmoil (AP)
SAN FRANCISCO – For gold sellers on eBay, the recent stock market turmoil has been a boon for business. Gold and silver sales on eBay had already been rising steadily over the past several years — so much so that eBay Inc. created a special area in May to make it easier for buyers to find sellers.
Now, activity on that part of the site, the Bullion Center, is intensifying as consumers unnerved by the economic uncertainty flock to gold in hopes it will be a stable investment.
“When people are coming down to the question, `Do they want to… Continue reading
Internet Retail Grabs Market Share
Two weeks of punch-drunk markets and stumblebum management of global, sovereign debt have left many investors dazed.
Despite the uncertainty, 318 of 457 S&P 500 companies to report second-quarter results through Thursday topped consensus expectations. Earnings reached a record level, according to S&P analyst Howard Silverblatt. More important, third- and fourth-quarter outlooks are also holding up, pointing to record earnings levels for those quarters as well.
One industry group in that camp: Internet retailers. The group is receiving a particular boost as consumers dig deeper for bargains and aim to save the gas normally budgeted for shopping trips.
That, and… Continue reading
The World Wide Web Turns 20
The World Wide Net has changed not only the way we work, store, bank, remain in contact and entertain ourselves, but has also helped to bring down governments and kill classic media sources. The Web celebrated its 20th birthday on Saturday right here are some of the important highlights in its development.
Aug. six, 1991: The Internet goes globe wide
British scientist Tim Berners-Lee, the man responsible for developing the Net at a Geneva physics lab in 1989, posted the 1st hyperlinks to his Planet Wide Web project on the alt.hypertext forum. The new enterprise was strictly text only… Continue reading
EBay 4Q revenue rises, helped by holiday shoppers (AP)
SAN FRANCISCO – EBay Inc. stated Wednesday that its fourth-quarter revenue rose five percent, as the healthy holiday shopping season bolstered growth in its on-line marketplace and PayPal online payments business.
The company’s profit fell, since the year-ago quarter included a significant achieve from the sale of Net communications company Skype. Excluding special items such as the Skype achieve, eBay’s fourth-quarter profit shot up 24 percent.
For the quarter that ended Dec. 31, the San Jose-based organization earned $ 559.2 million, or 42 cents per share, compared with $ 1.35 billion, or $ 1.02 per share, in the year-ago quarter.… Continue reading
