Welcome | Log In
News

Stock Watch: B2B Moves Bolster ShopNow.com

Print Version
E-Mail Article
Reprints


From Laid-Off to Entrepreneur: Launching a Web Biz on a Shoestring. "That day" has arrived. For whatever reason, the job you’ve been working for years is no longer there for you. Times are tough; people are facing unemployment in droves. In today's economic age, however unfair, it's a reality. What do you do now? [Download PDF: 10 pgs | 558k]

Shares of online marketplace ShopNow.com (Nasdaq: SPNW) soared nearly 18 percent on Tuesday, climbing 3 to 20 after the company announced that it has launched b2bNow.com, a B2B portal. ShopNow.com also announced the acquisition of privately held AXC Interactive, a B2B services firm that develops e-commerce applications, for about $13 million in cash and stock. AXC Interactive's customers include Microsoft (Nasdaq: MSFT) More about Microsoft and RealNetworks.

Last Thursday, ShopNow.com announced that it had signed an infrastructure deal with Inktomi. ShopNow.com will integrate Inktomi's e-commerce services throughout its network, which include its own site as well as affiliate sites.

Social Networking Toolbox:

Print Version E-Mail Article Reprints More by Andy Wang   RSS

Related News Alerts

Microsoft Activate Alert | Search Archives
Don't miss a story -- sign up for our FREE e-mail newsletters and view the latest headlines at a glance.
Tech News Flash [ View Sample ]
E-Commerce Minute [ View Sample ]
ECT News Network Weekly Newsletter [ View Sample ]
Shortcuts
  WiFi Hotspot Locator
City or Zip/Postal Code:
Country/Region:
ECT News Network Information
Locate Products and Services
Corporate
Reader Services
ECT News Network