Alistair's Feed
Jan 15, 2013

PayPal adds gas stations, grocery stores in retail push

SAN FRANCISCO, Jan 14 (Reuters) – PayPal unveiled new deals
with a chain of gas stations and a grocery store operator on
Monday, as the payments division of eBay Inc tries to
expand its service further into physical retail locations.

PayPal said it signed payment deals with Mapco Express, a
unit of Delek US Holdings which runs more than 440 retail
fuel and convenience stores, and Spartan Stores, which
distributes groceries to more than 400 locations, including 97
of its own stores.

Jan 11, 2013

Preview – EBay, PayPal seen beating mobile forecasts

SAN FRANCISCO (Reuters) – While much of the tech world is struggling with the switch to mobile devices, eBay Inc (EBAY.O: Quote, Profile, Research) and its PayPal online payments division likely had a strong holiday season as more consumers used eBay’s apps and PayPal’s mobile payment service to shop.

EBay and PayPal forecast mobile transaction and payment volume of $10 billion for each business earlier in 2012 and they are likely to exceed that guidance when eBay reports results on Wednesday, according to analysts and investors.

Jan 11, 2013

EBay, PayPal seen beating mobile forecasts

SAN FRANCISCO, Jan 11 (Reuters) – While much of the tech
world is struggling with the switch to mobile devices, eBay Inc
(EBAY.O: Quote, Profile, Research) and its PayPal online payments division likely had a
strong holiday season as more consumers used eBay’s apps and
PayPal’s mobile payment service to shop.

EBay and PayPal forecast mobile transaction and payment
volume of $10 billion for each business earlier in 2012 and they
are likely to exceed that guidance when eBay reports results on
Wednesday, according to analysts and investors.

Jan 10, 2013

Amazon offers free digital versions of purchased CDs

SAN FRANCISCO, Jan 10 (Reuters) – Amazon.com Inc,
taking aim at Apple’s dominant iTunes store, on Thursday
unveiled a service that it hopes will boost digital music sales
and encourage more people to use its Cloud music service.

Amazon launched Amazon AutoRip, which gives customers free
digital versions of music CDs they purchase from the world’s
largest Internet retailer.

Jan 10, 2013

Best Buy online sales rise as Amazon collects more sales tax

SAN FRANCISCO, Jan 10 (Reuters) – Best Buy Co, the
world’s largest electronics retailer, said its online sales have
increased in certain markets as arch rival Amazon.com Inc
collects tax on purchases in more states.

“In California, Texas and Pennsylvania where Amazon.com
recently started collecting tax, it is very early, but Best Buy
has seen a 4 to 6 percent increase in online sales observed in
aggregate versus the rest of the chain,” spokeswoman Amy von
Walter wrote in an email to Reuters.

Jan 10, 2013

Amazon steps up digital music competition with Apple

SAN FRANCISCO (Reuters) – Amazon.com Inc unveiled a service that increases competition with Apple Inc’s dominant iTunes store.

Amazon launched Amazon AutoRip, which gives customers free digital versions of music CDs they purchase from the world’s largest Internet retailer.

Jan 9, 2013

‘Flash sales’ sites outpace e-commerce over holidays

SAN FRANCISCO, Jan 9 (Reuters) – Holiday business on
e-commerce websites specializing in limited-time or “flash”
sales grew at least twice as fast as for other online merchants,
according to industry executives and analysts.

Sales at Gilt Groupe, the U.S. market leader, grew about 30
percent over Nov. 22 to Dec. 19, compared to the same period in
2011, according to President Andy Page.

Jan 8, 2013

Former Best Buy executive Barry Judge joining LivingSocial

SAN FRANCISCO (Reuters) – Marketing executive Barry Judge is moving from troubled retailer Best Buy Co (BBY.N: Quote, Profile, Research, Stock Buzz) to another struggling firm: daily deal provider LivingSocial.

Judge will be the chief marketing officer at LivingSocial, the second-largest daily deal site behind Groupon Inc (GRPN.O: Quote, Profile, Research, Stock Buzz). He will oversee all aspects of marketing for the company, including advertising, brand management, social media, and communications, LivingSocial said on Tuesday.

Jan 8, 2013

Amazon, eBay sales growth slower in December-ChannelAdvisor

SAN FRANCISCO, Jan 8 (Reuters) – ChannelAdvisor said on
Tuesday that client sales growth on Amazon.com Inc’s
and eBay Inc’s online marketplaces slowed in December.

ChannelAdvisor reported that client sales on Amazon.com grew
29.8 percent in December, compared with the same month last
year. That year-over-year growth rate was down from November’s
rate of 43.7 percent.

Dec 23, 2012

Analysis: Amazon, Google on collision course in 2013

SAN FRANCISCO (Reuters) – When Amazon.com Inc CEO Jeff Bezos got word of a project at Google Inc to scan and digitize product catalogs a decade ago, the seeds of a burgeoning rivalry were planted.

The news was a “wake-up” call to Bezos, an early investor in Google. He saw it as a warning that the Web search engine could encroach upon his online retail empire, according to a former Amazon executive.