Amazon: Keep Your Friends Close and Your Frenemies Closer?

(Source: Bussiness 2 Community) It’s only natural, then, that many new e-commerce businesses, especially those that only sell a single product, rush to get their goods listed on Amazon, often at …

CardinalCommerce Processes 2 Billion Transactions to Reach eCommerce Milestone

(Source: PR Newswire) … 2 billion transactions, achieving a significant eCommerce milestone. The Company processed 1 billion card-not-present (CNP) transactions since May 2012 to …

Snapdeal May Hit $1 Billion Sales This Year

(Source: Times of India) Snapdeal’s founder and CEO Kunal Bahl indicated to TOI that it would hit $1 billion in sales (or gross merchandise value, as the ecommerce world calls it) in …

Handshake raises $8M to make wholesale more like e-commerce

(Source: VentureBeat) With $8 million in the bank from Emergence Capital, New York-based Handshake is expanding beyond its original focus — mobile order management for sales …

eBay to retain focus on online market place

(Source: Financial Express) “We have always been in the e-commerce market place model and have no plans of changing that. eBay will never compete with small merchants. In fact, we …