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eBay Shutters Third-Party Ad Platform Commerce Network

PYMNTS

Online auction and shopping company eBay has announced that it’s closing the Commerce Network, a platform where companies would advertise products that would take customers to third-party sites, according to report by TechCrunch. Thank you for your partnership with eBay Commerce Network. France and Australia.

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Should Facebook Buy eBay?

PYMNTS

That’s where Reid Hoffman hatched the idea for LinkedIn in 2003 after inviting hundreds of his friends to create online profiles to get his idea for a professional online networking site off the ground. For much of its first decade, eBay was on a roll. million from Benchmark Capital and changed its name to eBay.

Online 128
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Online Marketplaces Catching Up To Offline World

PYMNTS

Why should merchants be the only ones who get to leverage the speed, convenience and low-friction environment of the online marketplace? But these rapidly growing service marketplaces are easily overshadowed by their retail counterparts such as Amazon, Alibaba, eBay and even Walmart. As it turns out, they aren’t.

Online 113
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Amazon Seeks New Avenues Of Growth For Amazon Prime

PYMNTS

When Amazon launched its Prime service in 2005, its visionary chief executive had big plans to shake up eCommerce retail. Amazon Prime takes the effort out of ordering: no minimum purchase and no consolidating orders,” Jeff Bezos, CEO of Amazon, said in a letter posted on the company’s website in 2005. Discounted Membership.

Retail 101
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DSW Bets Big On Omnichannel Transformation

PYMNTS

It’s been a massive undertaking for DSW, which began life in 1969 as a four-day-a-week warehouse that sold shoes at discount prices, incorporated in 1991, saw its IPO in 2005 and now operates 480 retail stores. Oh, and at the same time, compete with Amazon.com for online market share.

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The Top 20 Venture Capitalists

CB Insights

Steve worked for a variety of technology companies early in his career, including Digital Equipment Corporation (acquired by Compaq in 1998), Starbucks , and eBay. After a short and successful year, Half.com was acquired by eBay in 2000. While Lin left the company in 2005, it was acquired by Microsoft in 2007. JEREMY LIEW.

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Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

Zynga, creator of Facebook games Farmville, Mafia Wars, and about a dozen different types of online slot machine games, paid $210M in 2012 for OMGPOP, creators of DrawSomething!, In a deal that aimed to open the Chinese coal markets, US heavy-equipment behemoth Caterpillar paid $677M in 2012 to acquire ERA Mining Machinery Ltd.

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