November 10, 2011 By the ZippyCart Content Team Japanese ecommerce solution giant Rakuten will be acquiring the Canadian ereading service Kobo from majority shareholder and founder of the service Indigo. Indigo is Canada’s largest book retailer and founded Kobo in 2009 to compete with Amazon’s and Barnes & Noble’s ereaders. The Kobo ereading platform has a [...]
Open Source Ecommerce Solution Raises $1.5M in Seed Funding
October 11, 2011 By the ZippyCart Content Team Popular open source ecommerce solution, Spree, announced yesterday it has officially become incorporated as Spree Commerce Inc. This announcement comes after Spree’s raising of $1.5 million in a seed-funding round led by True Ventures. Other participants in the round include AOL Ventures and Sean Glass. Spree commerce, [...]
Rearden Commerce Packs an Ecommerce Punch with $133M Funding
September 22, 2011 By The ZippyCart Content Team Ecommerce software provider Rearden Commerce has locked in $133 million in a giant round of funding from existing investors American Express and JPMorgan Chase, as well as from new investor Citi. The fresh capital will be used toward “high-growth initiatives” for both the company and its current [...]
GrubHub Makes Ordering Delivery From Restaurants Easy
September 21, 2011 By the ZippyCart Content Team Hung-over college students everywhere will soon be just a few clicks away from having all the food delivery options they want at their fingertips. GrubHub is a website that allows users to enter an address and view menus for all of the restaurants in their area that [...]
Founder Of GSI Commerce Launches New Ecommerce Solution
September 14, 2011 By the ZippyCart Content Team Michael G. Rubin, founder of GSI Commerce, announced the launch of his new holding company Kynetic Monday. The ecommerce solution entrepreneur’s launch of Kynetic comes after he sold GSI Commerce to eBay this year for $2.4 billion. Rubin spent 12 years building up GSI’s network to service [...]
Wal-Mart Invests in Chinese Ecommerce Solution
August 30, 2011 By the ZippyCart Content Team Wal-Mart, the largest retailer in the nation, announced its most recent investment in Yihaodian, an ecommerce company based in China, with the goal of acquiring a minority stake in the company. The terms of the deal were not immediately available. China boasts the world’s fastest growing economy, [...]
Group Commerce Acquires Geo-Location Startup Socialight
August 24, 2011 By the ZippyCart Content Team Group Commerce, a New York based company that offers turn-key solutions for companies looking to offer their own daily deals, has acquired geo-location start-up Socialight. The Socialight team and technology will be put toward developing Group Commerce’s mobile strategy, Group Commerce CEO Jonty Kelt and Socialight founder [...]
Deem Travel Is First-in-Class Ecommerce Software Hybrid
August 23, 2011 By the ZippyCart Content Team There are a ton of ecommerce software platforms out there determined to try to get you the best deal, save you some money, and of course, convince you to spend your money with them instead of anywhere else. From Priceline to Travelocity to Kayak and now even [...]
Sweet Deal: Digital Chocolate Acquires Sandlot Games
August 17, 2011 By the ZippyCart Content Team In a news story seemingly designed to make you go out and put something suitably sweet and bad-for-you into your shopping cart, Digital Chocolate has acquired Sandlot games (developers of “Cake Mania”). It’s a deal that crosses both state lines and international borders. Sandlot games was founded [...]
Ebay Officially Acquires Zong
August 15, 2011 By the ZippyCart Content Team The ecommerce solution Ebay has officially bought Zong, a startup that allows mobile payments to go directly to mobile carrier billing statements. Ebay is looking to have Zong compliment its subsidiary, PayPal, seeing as how Zong has connections with over 250 mobile network operations worldwide in 45 [...]
ECommerce Solution ValueClick Reports High Profits, Buys Dotomi
August 4, 2011 By the ZippyCart Content Team ValueClick, the ecommerce solution that connect advertisers with websites, posted profit growth of 42% and beat estimates from analysts. Net income for the company rose to $17 million (representing an earnings per share of 21 cents per share) for Q2. Revenue rose 26 percent to $125.1 million, [...]
Facebook’s Latest Summer Treat? Push Pop Press!
August 3, 2011 By the ZippyCart Content Team Push Pop Press, maker of innovative ebooks for the iPad, has just been acquired by Facebook. But don’t start thinking that this means you’ll soon be putting ebooks in your shopping cart directly from Facebook (though there are already a ton of ecommerce solutions with integrated shopping [...]
Amazon Buys PushButton, Looking to Challenge Netflix
July 29, 2011 By the ZippyCart Content Team If outward appearances mean anything, it certainly looks like Amazon is preparing to compete with the streaming side of Netflix. Amazon could be getting ready to ramp up the streaming content available to its Amazon Prime subscribers. This is just the latest development in what seems like [...]
Social Gaming Companies 6waves And Lolapps Merge
July 19, 2011 By the ZippyCart Content Team Lolapps and 6waves are in the midst of merging their two companies, from opposite sides of the world, together. San Francisco based Lolapps is a social gaming company that creates games for Facebook and other parts of the web. 6waves also creates games, but publishes them on [...]
Groupon Acquires Zappedy – Local Business Focused Ecommerce Solution
July 19, 2011 By the ZippyCart Content Team Zappedy, a company focused on helping local business get their ecommerce solutions up and running, has been acquired by Groupon. Pricing and other terms of the acquisition have not been stated publicly. The only thing we know is that Zappedy’s website has a very large Groupon logo [...]
EA Adds PopCap to their Shopping Cart
July 13, 2011 By the ZippyCart Content Team Electronic Arts, one of the largest video game producers in the world, has purchased casual game producer PopCap for $650 million in cash and $100 million in stock. PopCap’s portfolio includes mobile games such as Bejeweled, Plants vs Zombies, and Zuma. The purchase will help EA expand [...]
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