Webvan lugs a big dream

Article Abstract:

Internet retailer Webvan is a $400 million firm which intends to start its distribution business with food but will later expand to electronics and other products. Webvan's objectives are considered risky because it would be the first to attempt to deliver goods to consumers' homes on an enormous and national level. The company's start-up costs are considerable, considering the $35 million it spent on just the distribution center. In Bay Area market, the number of its customers and orders are increasing but its service has not yet become widespread.

Webvan

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Net auctioneer's volcanic success looks unstoppable

Article Abstract:

eBay, a San Jose, CA-based on-line auctioneer, was founded by Pierre Omidyar in 1995 after creating a Website for his girlfriend who wanted to buy and sell Pez dispensers on the Internet. The company, which went public in Sept 1998, will expand its product categories to attract new buyers and sellers. In addition, the company will launch versions of its site in other countries and will step up marketing to maintain its amazing growth in a $100 billion market.

eBay Inc.

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