Amazon has acquired 2lemetry, a Denver-based startup focused on software to manage smart networked devices and the Internet of Things (IoT), TechCrunch reported on Thursday (March 12). Terms of the deal weren’t disclosed. 2lemetry is a 2011 startup that reportedly had raised $9 million, including...
Online retail giant Amazon is working on an Apple Watch version of its mobile shopping app for wearable devices, according to TechCrunch. Officially, Amazon is saying next to nothing about its Apple Watch plans. “Amazon is constantly innovating on behalf of our customers. We are...
You can now go inside Google. Specifically, you can go inside a Google shop, which is itself inside another store — Currys PC World — in London. On Wednesday (March 11), the Internet behemoth unveiled its first brick-and-mortar store — or “shop in shop,” as...
The heavy snow that recently befell the people of Boston likewise froze out consumer spending in the region. According to a SpendTrend report from First Data, during a one-month stretch beginning with Boston’s first major snowfall on Jan. 24, more than 25,000 merchants in the...
The second month of 2015 was a tough one for online marketplace eBay, which saw its signature online auctions sales fall by 26.2 percent. “Auctions are not convenient, and they’re really only good for a niche part in today’s e-commerce world,” ChannelAdvisor CEO Scot Wingo...
Mobile payments the Apple way got a boost on its continuous if somewhat slow march to wide retailer acceptance with the announcement earlier this week that GameStop will be accepting Apple Pay. The video game and entertainment retailer joined the Marriott hotel chain and crowdfunding...
Alibaba is on the verge of making its first direct investment in India. The Chinese e-commerce giant is in talks to invest as much as $1 billion in online marketplace Snapdeal, Reuters reported on Wednesday (March 11). Snapdeal is already backed by Japan’s SoftBank and...
E-commerce stealth startup Jet.com plans to take on Amazon by giving discounts to customers who live near the merchandise they’re ordering, join mailing lists, promise not to return items, and use payment cards with lower interchange fees, The Wall Street Journal reported. Jet, which has...
For all its explosive growth, especially in Southeast Asia and other emerging markets, not everything Rocket Internet touches turns to gold. On Wednesday (March 11), Rocket said it will shut down its consumer-to-consumer marketplace Lamido and merge its 2,500-plus merchants into a larger Rocket e-commerce...
