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Articles tagged with: ebay

Adwords – Search As You Type!!!

No wonder Google realizes what its users love the most. It already has a predictive text feature on its Google search product. Instant suggestions on what we’re trying to type. And now Google is planning on bringing this feature to AdWords customers.

The project is being named “Search As You Type,” and it is already made available for Adword customers in the United States.

eBay Gets Aggressive With Social Strategy

Looks like eBay is head to toes in their new e-commerce project, X.Commerce. That’s why eBay has now procured the two leading platforms in the e-commerce industry, Magento and GSI Commerce.

Paypal which is now a subsidiary of eBay, earlier this year merged their programming interface and developers with that of eBay for a joint venture, X.Commerce. X Commerce is a cloud based toolkit that allows businesses to innovate the e-commerce industry.

Online Shopping Glitch Lets Customers Shop For Free

Online shoppers in New Zealand were stocking up on incredible electronic bargains after a glitch on the Dick Smith website let users purchase items at no cost.

Dick Smith were forced to temporarily take down their New Zealand homepage after online shoppers were able to purchase goods, prompted to pay nothing but the cost of postage and handling. Only the New Zealand website was affected, and shoppers using the Australian site were able to continue shopping as usual, albeit without the super-sale prices.

eBay Inc. Acquires Zong

eBay said this morning that it is acquiring Zong, a venture-backed mobile payments provider, for about $240 million in cash.

Zong works with more than 250 mobile network operators worldwide, offering localised payment services on a user’s mobile phone or PC through their carrier billing. Consumers have to enter their mobile phone numbers and then, in a matter of seconds, Zong verifies that number and clears the payment on the customer’s existing wireless service account.

PayPal Hits 100 Million Active Users

Paypal has just reached over 100 million active users. PayPal has been grabbing about 1 million active users each month, although the term ‘active’ was not defined by them, I would guess the term to mean any activity within the past 30 days, though PayPal could have meant past 6 months, or one year.

PayPal joined eBay on October 3rd of 2002 and now accounts for 30% of eBay’s total revenue. In the first quarter of 2011, PayPal earned $1 billion in revenue for eBay (these are profits taken from every PayPal transaction that occurs on eBay).

SF Startup Copious Is A Social Marketplace

A San Francisco startup called Copious has built an online marketplace that allows all buyers and sellers to link their Facebook identities. The idea is to make the online marketplace feel safer and allowing buyers and sellers to see how many degrees of separation the other party is in their network.

The user will also be able to see if anyone in their networks has purchased, shared, or commented on an item from the seller. Not only can Facebook identities be linked, but also Twitter accounts and blogs too, giving you a fairly well drawn picture that you aren’t dealing with a Nigerian scammer.

eBay Acquires E-commerce Startup, Magento

eBay announced on Monday that it has agreed to overtake Magento (an open source ecommerce platform), an LA-based company with nearly 300 employees. eBay before only had a minority stake in the company, but has since then decided to go big or go home. Neither company stated how much the deal will go for, but it is expected to close in the third quarter of this year upon approval.

Magento offers tens of thousands of merchants control over the user experience, catalog, content, and functionality of their online store. The company’s “Go” platform offers a software-as-a-service (SaaS), offering both small and growing merchants the online tools they need, from payments to inventory management.

Groupon Found Guilty Of Writing Fake Yelp Reviews

In a Venture Level blog post today, Romil Patel, an entrepreneur discusses his experiences with running Groupon and LivingSocial deals. Overall, he experienced some shadiness going on with Groupon. Apparently a Groupon representative he worked with had asked him to create fake, positive Yelp reviews for his own business.

Patel writes,

Tumblr Had Security Issues – Exposed Accounts

It turns out that last Saturday morning was Christmas. Well, maybe for some. A security glitch occurred with Tumblr that caused users’ passwords to be displayed on Tumblr’s website, where 748 lines of information was shown. Tumblr of course said the fumbl was “human error” due to incorrect PHP coding. Tumblr released a statement five hours after the occurrence, claiming that…

eBay Announces 50 Free Listings Per Month

eBay has announced new pricing that will make it even easier for people to sell their unwanted belongings on the enormous auction site. For the first time in the history, eBay is making it free to list up to 50 items PER month in auctions at any start price, and FREE to add the “Buy it Now” option to those listings, drawing auction enthusiasts and shoppers looking for an immediate fix.

When will those go into effect? April 19th, 2011. The new pricing builds on a series of free-listing promos that were had in 2010 and which resulted in significant increases in new listers. If this new promotion wasn’t good enough, eBay will also be…