Could Alibaba be gunning for Groupon? As numerous outlets have noted, the eCommerce firm has acquired a 5.6 percent stake of Groupon, doing so through the open market, and Groupon learned of the buy through regulatory filings disclosed just last week. Speculation in the financial...
Is Groupon headed for a comeback? While it’s too early to tell as Groupon is still in an adjustment period, Groupon posted better-than-expected fourth quarter earnings, which sent its stock soaring around 20 percent in after-hours trading. The first earnings report under its new leadership —...
Student.com is an online housing marketplace with an impressive predigree — one of its founders comes via Spotify’s executive team. The site connects students looking for a home with vetted landlords, a simple premise that is attracting some pretty powerful interest. Daniel Ek and Martin Lorentzon, Spotify’s...
“I’m from the government and I’m here to tell you that you’re wrong.” That was sort of the email that I got two and a half weeks or so after I published my expose of the serious problems in the Census Bureau’s reporting of online...
The United Parcel Service Inc. said on Tuesday (Feb. 2) that profits were roughly triple those seen a year ago and beat Street consensus on the quarter just past. A key driver was faster but extensive use of mail to get through the holiday season,...
Whenever Tom Wheeler and the Federal Communications Commission come up with the slightest piece of legislation over regulating Internet service providers, the discussion usually revolves around the free nature of information and the government’s role in preserving that ideal over in-home Wi-Fi. However, the FCC’s...
Online merchants might have lost $147 billion in 2015 due to friction in the checkout process. But now there’s a new tool to help identify sources of friction and fix them. Building on information from the latest PYMNTS Checkout Conversion Index, the Checkout Conversion Calculator...
More rough times for Evernote. The firm has announced that, as of 6 p.m. PST, Market will be no more. Market is the firm’s eCommerce platform — home of all relevant Evernote swag and eIntegrated office products — that was designed as a supplemental income stream for the...
Without PayPal under its umbrella to prop it up, eBay’s earnings last week showed even more just where the company is struggling. But, one bright spot for eBay, StubHub is doing quite well for the eCommerce company. EBay has officially started breaking out how much...
