'E' in eBay might stand for expansion

Article Abstract:

Online auction site eBay has embarked on a very ambitious plan to earn $3 billion in revenues by 2005. The revenue growth would come mostly from business-to-business transactions, which generate higher commissions. During 2000, revenues doubled to $431.4 million, which is expected to continue to rise at an annual growth rate of 50% during the next four years. The company accounts for 85% of the online auction market, very much ahead of Yahoo! and Amazon.

eBay Inc.

---

Dot-com gets company: dot-biz, dot-pro ..

Article Abstract:

The Internet Corporation for Assigned Names and Numbers, the US government-backed, non-profit group that handles Web addresses, has decided to include seven new suffixes for Internet addresses. The consortium, created in 1998, made the decision in an effort to ease the overcrowding in the '.com' domain. The new suffixes, which are expected to appear by spring 2001, include '.name,' '.info,' '.biz,' '.aero,' '.museum,' '.coop' and '.pro.'

---

Pet e-tailers go to dogs as Pets.com rolls over

Article Abstract:

Leading online pet retailer, Pets.com, announced on Nov 7, 2000 that it will have to shutter retail operations, lay off 255 of its 320 employees and sell its assets, including rights to its Sock Puppet icon after its efforts to find an investor or buyer failed and a possible merger with rival Petopia.com was not realized. Pets.com's announcement of its closure illustrates shortcomings in the online retail industry.

Video Retailing Service, All Other Information Services, Home shopping, PETsMART Inc.

Similar abstracts:

• Abstracts: Playing war, but with a new set of rules. In a shoot-em-up, three's company
• Abstracts: Voice portal frees users from gadgets. Dot-com workers boomerang back to bricks
• Abstracts: Cisco beats earnings expectations. Cisco reports earnings fell 99%. JDS Uniphase bucks trend with upbeat earnings report
• Abstracts: Ryder riding high after ballot transport. Minute Maid shakes things up with ads
• Abstracts: Coca-Cola prepares offer for Quaker. Quaker accepts Pepsi's $13.4B bid. Pepsi in talks to gobble up Quaker Oats

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.