Checkout friction and shopping cart abandonment is estimated to be a $4 trillion problem plaguing online merchants today. Or so estimates say. Regardless of the specific figure that problem actually amounts to, there’s one thing everyone in the payments industry can agree on today: there’s too...
Google’s site for comparison shopping is closing its (virtual) doors. Google’s parent company, Alphabet Inc., announced in an email to partners on Monday (Feb. 22) that Google Compare — which allowed online shoppers in the U.S. and U.K. to evaluate offers from auto insurers, mortgage lenders...
While online marketplaces like eBay are some of the only places to find the rarest items in the world, shipping delays can still make the whole process feel less efficient for buyers and sellers alike. At least, with some updates to eBay’s seller ranking system...
Research shows that women sellers on eBay are paid significantly less than men. According to a new study in Science, female sellers typically receive $0.80 on the dollar when compared to their male counterparts, CNNMoney reported late last week. Nearly 1 million auctions were analyzed from 2009 to...
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,...
