- British entrepreneur pays £600,000 for gold.co.uk -- "the most ever paid for a .co.uk domain name"
- The new owner deals in gold bullion, "trading gold and silver bars and coins worth hundreds of thousands of pounds"
- Halliday-Smith launched his business in 2008 with £10,000 when gold.co.uk was selling for £50,000 ; he now makes £100M a year
- "Amazon adding staff for a new division dedicated to restaurants in Seattle & New York."
- Indicates "the unit is trying to rapidly expand a meal delivery service according to posts on LinkedIn and the company’s jobs site."
- "Job description [...] suggests Amazon is interested in expanding restaurant delivery services beyond Seattle."
- e-commerce giant developing new drive-up store concept in Silicon Valley
- it will allow consumers to order grocery items online and then schedule a pickup at a dedicated facility,
- could signal a new distribution strategy for Amazon and add an additional threat to a grocery industry
- Mobile shopping app usage grew faster than any other category of apps
- Overall app use was up 76% from 2013
- Utilies and productivity apps had second-fastest growth followed by messaging apps; game apps fell behind
- Amazon's cloud-computing services unit offset new business investments in North America in first quarter 2015
- Amazon's revenue jumped almost 50% to $1.57 billion, or about 7% of total revenue, surpassing expectations
- Amazon's cloud-computing growth rate is largest in India
- Retailers still not delivering the cross-platform experience that most customers expect.
- 38% of customers feel shopping experiences in bricks and mortar locations are in need of an upgrade.
- “Building capabilities such as digital marketing and analytics will become key in the next few years, to increase customer traffic and boost loyalty. “
- After Swedish authorities shut the site down in February, its now living on new domains with a new logo
- New site is smaller and running without support, stripping out many of the former administrators and moderators
- People who worked on the original site are warning users to watch for potential malware threats on the new version
- Since 2008, global investment in fintech ventures has tripled to nearly $3 billion and global fintech investment will more than double by 2018.
- more than $1 billion has been invested in financial startups in the past three years
- investment in fintech companies has grown four times faster than venture investing overall.
- LearnVest launched in 2009 as a financial planning service for women amassed 1.5 million users and tens of thousands of paid subscribers
- amassed 1.5 million users and tens of thousands of paid subscribers
- raised $75 million in venture capital, with Northwestern Mutual investing in its most recent round.
- Lynda.com started in 1995 with a book on web design and grew into a subscription-based service providing training via online videos
- Lynda.com raised $186M in funding in Jan 2014, in addition to $103M raised in 2013
- LinkedIn has a recent track record of making strategic acquisitions: SlideShare for $119M in 2012, Bizo for $175M and Bright for $120M in 2014
- Fine art remains an offline pursuit, a luxury good with only 6% of transactions online in 2014
- Online sales of luxury goods are now growing twice as fast as offline
- Venture capitalists now becoming keen to invest in art dot-coms.
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