Internet Retail
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With news that authorities seized assets of the world's largest bitcoin exchange, traders and other people interested in the digital currency are looking nervously at the future.
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*Amazon says its Kindle devices had biggest sales day ever. *ChannelAdvisor says client sales growth stronger on eBay than Amazon. Still, eBay Inc, operator of one of the largest online marketplaces, outperformed its arch rival Amazon.com over the crucial first five days of the holiday shopping season, according to one closely watched measure.
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Sales on eBay Inc's online marketplace were particularly strong and Amazon.com Inc continued its rapid holiday shopping season growth, according to early Cyber Monday data released by e-commerce firm ChannelAdvisor. EBay's shares climbed about 5 percent to $51.50, a new multi-year high, in afternoon trading. Amazon's shares gained 1 percent to $242.26.
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How well retailers fare on Cyber Monday will offer insight into Americans’ evolving shopping habits during the holiday shopping season.
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Simon Jackson, chief commercial officer at NetNames, warns CNBC about the threat of cyber criminals launching fraudulent online retail sites during the run-up to the holiday shopping season.
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SAN FRANCISCO, Nov 25- Black Friday retail sales online topped $1 billion for the first time this year as more consumers used the Internet do their holiday shopping, comScore Inc said on Sunday.
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Eight states now charge sales taxes on online transactions, including Amazon's. But the taxes won't slow down Amazon's ability to match prices of competitors, the Christian Science Monitor reports.
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Christopher Vroom, andCatherine Levene, Artspace co-founders, explain how collectors are able to buy art online.
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Rich Bergsund, CEO of Wine.com, discusses the booming business of online wine sales.
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Dennis Berman, The Wall Street Journal, and Frank Sennett, Time Out Chicago president & editor-in-chief, discuss Groupon's valuation, as shares slide more that 88 percent since its IPO last year.javascript:;
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"The coming year is going to be the year where the mobile device links the digital world to the physical world," said John Donahoe, eBay president & CEO, talking about growing online sales in Europe and making money in mobile applications, with CNBC's David Faber,
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Israel Ganot, Gazelle CEO, discusses how his company is capitalizing on Apple's new product launch, and explains how the "re-commerce" market works.
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Jennifer Fleiss, co-founder, Rent the Runway, and Jennifer Hyman, Rent the Runway CEO, discuss how their new venture allows members to view trend-setting fashion online and then rent them.
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Ken Sena, Evercore analyst, explains why he has an "equal Wweight" rating on the stock and a $54 price target.
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Jason Goldberg, Fab.com founder and CEO, discusses how his company plans to expand its business through mobile applications.
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Jack Dorsey, Square co-founder & CEO, and Twitter creator, discusses Twitter reaction to last night's presidential debate, and the impact of mobile payments going mainstream.
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CNBC's Julia Boorstin reports the struggling deal-a-day company is getting into the business of mobile payments.
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American consumers have been flocking to the outlet stores in search of value, Tanger Factory Outlet Centers CEO Steven Tanger told CNBC on Thursday.
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A bevy of big-name retailers including Wal-Mart Stores, Best-Buy and Target, are teaming up to create a company that will give customers another way to make purchases: with their cellphones.
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John Collison, Stripe co-founder and president, discusses how new technology has increased competition in mobile payments.
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David Lee, SV Angel co-founder and managing partner, explains why his company is focused on Internet, e-commerce and information tech markets, as the way people shop drastically changes.