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At a time when most Internet companies are staying out of financial markets, online auto dealer CarsDirect.com, Inc. has filed with the U.S. Securities and Exchange Commission (SEC) to sell shares in an initial public offering ...
America Online, Inc. (NYSE: AOL) and AutoNation, Inc. (NYSE: AN) announced plans Monday to form what the companies claim will be the world's largest virtual car dealership ...
Online trading giant E*Trade Group, Inc. (Nasdaq: EGRP) announced Thursday that it is partnering with discount retailer Target Corp. to place financial service centers in SuperTarget stores across the United States ...
Value America, Inc. (Nasdaq: VUSA) announced Thursday that it has received an equity investment of $90 million (US$) from two separate groups, putting the troubled e-tailer on track to reach profitability in 2002 ...
Despite a precipitous decline in shareholder confidence in the Internet sector, the National Venture Capital Association (NVCA) says that a record $22.7 billion (US$) was invested in start-ups during the first quarter of 2000, a 266 percent increase over 1999 totals ...
Online brokerages saw record growth during the first quarter, as assets in accounts held by the firms topped $1 trillion (US$), according to a new report from U.S. Bancorp Piper Jaffray. New accounts rose by more than 2.5 million during the quarter, the report found ...
Peapod, Inc. (Nasdaq: PPOD) reported higher sales but a wider loss for the first quarter Wednesday, as new investor Royal Ahold NV announced a new chief executive for the money-losing online grocer ...
CDNow, Inc. (Nasdaq: CDNW) reported Tuesday that its first quarter loss narrowed from a year earlier, as the company added 440,000 new customers and revenue nearly doubled ...
While more than two-thirds of online buyers participate in some type of customer loyalty program, only 22 percent regard the programs as a key factor driving their online purchases, according to a study by Jupiter Communications ...
Ending the first U.S. Federal Trade Commission (FTC) case focusing on Internet auto lease ads, car dealers in Colorado, New York and Pennsylvania have settled charges that they ran deceptive lease advertisements on the Internet ...
Despite posting a revenue decline in consecutive quarters, e-tail giant Amazon.com (Nasdaq: AMZN) reported better-than-expected financial results for the first quarter Wednesday ...
Powered by sales topping $1 billion (US$), online auctioneer eBay, Inc. (Nasdaq: EBAY) reported stronger-than-expected results for the first quarter Tuesday and announced a 2-for-1 stock split ...
Continuing a strong first quarter showing by e-commerce companies in 2000, name-your-price pioneer Priceline.com (Nasdaq: PCLN) reported results Monday that topped both analysts' expectations and year-earlier figures. Revenue jumped 535 percent to $313.8 million (US$) ...
Earnings reports for the quarter ended March 31st are beginning to trickle in, and most e-commerce companies' results are beating analysts' expectations ...
According to a recent poll by the Washington, D.C.-based National Association of Business Economics (NABE), three out of five businesses are currently using e-commerce for buying or selling activities, but questions about the long-term outlook remain ...
A surge in Asia-Pacific e-commerce will culminate with $1.6 trillion (US$) in transactions taking place in 2004, according to a new study by Forrester Research ...
Despite a general market rebound after last week's massive sell-off, many analysts are saying that e-commerce stocks -- particularly consumer issues -- are unlikely to recoup their losses any time soon ...
Holland-based Royal Ahold plucked beleaguered online grocer Peapod from the edge of bankruptcy Friday, pledging to buy 51 percent of the Skokie, Illinois-based firm. Peapod will remain a stand-alone company, while Ahold will supply goods and services, including the use of its network of warehouses and distribution centers ...
By the middle of next year, the main venue for Internet access will be through wireless devices, according to a new study by International Data Corp. (IDC) ...
E-commerce companies that are looking to go public can still raise money in current market conditions, although recent events suggest that these firms may not be able to get the sky-high prices for their shares seen just a couple of months ago ...
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