In 2007, Amazon’s stock price appreciated by over 125%. How does it look in 2008? Amazon preserves leadership in its core retail business, while layering on a variety of “services”. Amazon posted Q407 results in line with the Street’s estimates. Revenues grew 42% y-o-y to $5.67 billion from $3.99 billion in the quarter a year
(I want to preamble this piece by saying that when you read it, please don’t be surprised if Google AdSense starts pushing lingerie ads to you. It is not a very smart algorithm!) Figleaves.com is the world’s largest online retailer of branded intimate apparel. It includes Aubade to La Perla to Zimmermann. Users can shop
You have heard me talk about the verticalization of the web. Here’s a good example of a brand built on that premise. Zappos.com is the #1 online footwear retailer. Apart from retailing around 1,100 well known brands of shoes, boots, sandals, and athletic footwear, it also retails accessories including socks, wallets, belts, designer handbags, and
AmieStreet.com is an online music destination that allows (a) musicians to release, (b) music fans to discover, and (c) listeners decide the price they would like to pay for new and independent music over the Internet. The site has excellent music. In August 2007, Amie Street raised an undisclosed amount of Series A round of
Meg Whitman is finally leaving eBay. My Forbes column, eBay’s Bounce-Back Opportunity, discusses what the successor needs to pay attention to, whether it is John Donahoe or otherwise. We have also discussed eBay’s strategy at length in Web 3.0 and eBay and eBay vs Amazon. Today, the determining factor in the eBay vs Amazon debate
Bill Me Later is a safe and convenient payment system that allows people to purchase on the phone or over the web. The service is in direct competition with eBay’s PayPal. It was recently judged as the sixth-fastest-growing U.S. firm by Inc. magazine. It has around 200 employees and is based in Baltimore. Bill Me
We profiled Tom Patterson, CEO of Wize.com last year. The site compiles both expert and user reviews and inserts them into a scoring algorithm to rank products. The site’s proprietary WizeRank gives each product a 1 – 100 score, utilizing collective wisdom ferreted from all over the web.
We profiled Siva Kumar, CEO of TheFind.com, a discovery shopping search engine last year. This is yet another vertical search engine optimized for visual merchandising oriented lifestyle products. In July 2007, TheFind raised $15 million in a third round of funding from Bain Capital Ventures, Ignition, Lightspeed and Redpoint. It had previously raised $11 million