US retailers to launch mobile app for payments
A bevy of big-name retailers including Wal-Mart Stores Inc., Best-Buy Co. and Target Corp., are teaming up to create a company that will give U.S. customers another way to make purchases: with their cellphones.
Japan's Softbank ties up with eBay in online billing
Internet auction giant eBay and mobile phone operator Softbank said Wednesday they were teaming up to bring the US firm's PayPal online billing system to Japan for the first time.
Japan's Rakuten to shut China online shopping mall
Japan's top online retailer Rakuten said Friday that it was ending a shopping venture with Chinese Internet giant Baidu, blaming "intensified competition" in the growing e-commerce sector.
Online sales in China up 66% year-on-year: report
Online sales in China in 2011 grew 66 percent from the previous year, with turnover totalling 780 billion yuan ($125 billion), according to a report cited by state news agency Xinhua Thursday.
Interview: Internet tax a states' rights issue
(AP) -- Before he became a U.S. senator, Mike Enzi ran a shoe store and was mayor of Gillette, in the heart of Wyoming's coal country.
Alibaba chief 'interested' in buying Yahoo!
The head of Chinese Internet giant Alibaba is "interested" in buying Yahoo! and has been approached by private equity firms and other groups about doing a deal, The Wall Street Journal reported on Monday.
Silver Lake, others eye Yahoo!: reports
Private equity firm Silver Lake Partners has approached Yahoo! about making a bid for the struggling Internet company, according to newspaper reports.
China's Alibaba chief silent on Yahoo stake
The head of Chinese Internet giant Alibaba, Jack Ma, Saturday gave no hint of the future of Yahoo!'s stake in his firm but said he wasn't responsible for the recent ouster of its chief.
Calif. lawmakers approve Amazon tax compromise
(AP) -- Lawmakers on Friday sent Gov. Jerry Brown a compromise bill that delays California's effort to force online retailers such as Amazon.com to collect the state's sales taxes while retailers lobby Congress for national ...
Group seeks Amazon boycott over sales tax fight
(AP) -- A coalition of nonprofit groups is calling on customers of Amazon.com to cancel their accounts unless the Internet retailer stops resisting a California law that requires more online retailers to charge a state sales ...
Amazon's former Calif. affiliates brace for lost revenue
For several years now, the military museum in Old Sacramento has quietly earned a nice little income by acting as a sales rep for Amazon.com Inc.
Chinese e-commerce giant opens furniture showroom
(AP) -- China's e-commerce giant is stepping up its heated rivalry with bricks-and-mortar retailers with the launch of a five-story home furnishings showroom in Beijing.
$138 million in funding for Gilt Groupe
Online private sales company Gilt Groupe said Monday that it has raised $138 million in new funding led by Japan's Softbank Group.
Facebook's 'Like' button becomes force in e-commerce
Whether you just bought an airline ticket or a pair of jeans online, chances are an Internet search preceded the transaction. Now Facebook hopes to make its vast web of online social connections another central ingredient ...