E-commerce

Airbnb, which helps people find vacation rentals all around the world, has more than doubled the number of available listings in the last year, and now boasts more than 300,000 total listings globally (up from 120,000 at the beginning of 2012), including 500 castles and 200 treehouses.

The company unveiled some impressive growth numbers today, including the fact that of the 4 million people who have used the online and mobile service since 2008, 3 million used it in 2012 alone. Among the 300,000 listings now available to rent are also 4,000 cabins, 1,000 boats, … Read more

When I heard about Amazon Coins, the company's virtual currency for making Kindle Fire app and in-app purchases starting in May, I immediately grew worried.

Amazon's customer focus, something I find sorely absent at money-extraction engines such as airlines and banks, has kept me loyal for years. I'm concerned, though, that the Amazon Coins program is a step in the wrong direction for Amazon customers.

In short, I don't like the inflexibility, costs, changeable rules, and risks that can be attached to virtual currency. I dislike it when there's a special form of money that … Read more

In the summer of 2006, Sheryl Sandberg, then an accomplished senior Google executive, received a call from LinkedIn founder Reid Hoffman. LinkedIn was searching for a new chief executive. Was she interested?

No.

"I thought it was a great opportunity, and after five years in the same position at Google I was ready for a new challenge," she said. "But the timing was tricky. I was 37 years old and wanted to have a second child. I told Reid the truth: regrettably, I had to pass...."

A few years later, Mark Zuckerberg came knocking; the rest … Read more

Online consumers may one day be able to sell or trade their digital items to other users, at least if a new Amazon patent comes to fruition.

Granted to the retail giant on January 29, the patent dubbed "Secondary market for digital objects" describes an electronic marketplace for swapping digital items.

You'd start off by housing your purchased music, videos, apps, and e-books in your own online storage space, just as many of us do today. When you get tired of listening to the same songs or reading the same books, you can move those items to … Read more

Google has signed a deal to acquire e-commerce-solutions company Channel Intelligence for $125 million in cash.

Channel's parent company, ICG, announced the deal today.

Channel's technologies are designed to boost the sale of products online. The company offers a Facebook platform, product search engines, and other services created for companies looking to improve product sales. Channel, based near Orlando, Fla., claims that it "drives $2 billion in sales annually in referred sales online in computing products, home improvement products, appliances, consumer electronics, toys and a variety of other consumer packaged goods."

Google is obviously no stranger … Read more

Online real estate listing aggregator Zillow launched an app today that aims to help home shoppers and home buyers with their home improvement projects.

Available for the iPad and the Web, Zillow Digs is a free app designed to offer inspiration as well as information about remodeling projects. The free app lets users browse thousands of photos of bathroom, kitchen, and outdoor projects, as well as get estimates on the cost of the actual project based on the user's location.

Similar to Houzz, an online home improvement community that launched a design, decorating, and remodeling app in 2010, Digs … Read more

For the first time ever, worldwide e-commerce sales exceeded $1 trillion, according to new data from research firm eMarketer.

The first $1 trillion mark was reached in 2012, with sales up 21.1 percent from the previous year, according to eMarketer. The company said that it expects e-commerce sales to grow this year by 18.3 percent to end 2013 at $1.3 trillion in worldwide sales.

In addition, the company expects North America to lose its position as the leading e-commerce market to the Asia-Pacific region. Last year, Asia-Pacific's share of total e-commerce spending was 30.5 percent, … Read more

Come May, Kindle Fires users can pocket virtual coins to spend on their favorite apps.

Announced today, Amazon Coins is a new type of virtual currency developed by the retail giant. The coins will be used to purchase Kindle Fire games, apps, and in-app items from the Amazon Appstore.

To kick off the currency in May, Amazon will offer shoppers tens of millions of dollars of free Amazon Coins to spend on Kindle Fire apps. The company will also let customers buy more coins directly through their Amazon accounts.

Amazon sees the currency as a boon for developers, as it … Read more

Another state will soon be reaping revenue from Amazon as the Internet retail giant has agreed to begin collecting sales tax from consumers in Connecticut.

Amazon will begin collecting the state's 6.35 percent sales tax on items bought on the site from within the state in November, state officials announced today. Kevin Sullivan, Connecticut's commissioner of Revenue Services, told the Associated Press that Amazon's tax collection will add $8 million to state coffers the first year, with $13 million to $15 million in the second year.

Amazon has also agreed to invest $50 million in Connecticut … Read more