Dot-coms struggle with e-retailing, close online stores
Article Abstract:
Internet companies are withdrawing from unsuccessful e-commerce operations by closing their online stores. An industry anaylyst said one reason why the online firms are faltering is because of the difficulties they are encountering and the fact they are still studying what their optimal model for their operations should be. Some of the Internet firms and retail establishments with online operations include IVillage, Oxygen Media, Hollywood Entertainment and Alta Vista.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2000
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Cash-burning dot-coms sell at fire-sale prices
Article Abstract:
Internet companies are being sold at bargain prices. APB-news.com, the award-winning crime news site, placed itself on the auction block with a minimum bid of $950,000 but there were no takers. The shakeout in the industry is attributed to intense competition, lack of funding and the slow down of financial support from venture capital companies. Predatory bargain hunters are buying the troubled Internet companies with very low buyout bids.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2000
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Survival of small ISPs challenged
Article Abstract:
The existence of small Internet service providers (ISPs) is being threatened by risks such as costly operations and the lack of payoff. Their heavy reliance on advertisers and the fact that only about half of their registered users are using their advertising services make free subscription a risky venture. Thus, ISPs are looking for new sources of revenue in addition to advertising.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2000
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Comment about this article or add new information about this topic:
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