Showing posts tagged ecommerce

eBay-Owned Social Shopping Site Svpply Debuts A New Android App

#SuryaRay #Surya eBay-owned Svpply is debuting an Android version of its Svpply mobile application today, which brings its catalog of over 2.4 million hand-picked items from 110,000 stores to the Android operating system for the first time. The company, which was acquired by eBay just this September, had first launched on mobile in May 2012, offering both iPhone and iPad optimized versions of its service. @suryaray

With 1M Users And $50M In Transactions, LevelUp Launches Its First API & SDK, “A Starter Kit For Mobile Payments”

#SuryaRay #Surya In spite of the fact that we now use smartphones to do just about everything, a winner has yet to emerge in the mobile payments space. Unlike mobile photo and video, consumers have yet to get fully comfortable with the idea of turning their phone into a mobile wallet. However, considering that just about every carrier, credit card company and software giant (like Google) is in the process of developing its own mobile wallet, it seems to be a matter of when, not if. @suryaray

With $1.8M From Andreessen, Chris Sacca & More, Rental Marketplace Getable Digs Into The $32B Construction Market

#SuryaRay #Surya When we last caught up with Getable, the startup formerly known as Rentcycle, it was announcing that Netflix co-founder Marc Randolph was joining Collaborative Fund founder Craig Shapiro and OpenTable founder Chuck Templeton on its board of directors. @suryaray

Visa, Samsung Ink NFC Deal, Galaxy S IV First In Line For Deep Integration; ROAM Is Visa’s First ‘Ready’ Mobile Payment Partner

#SuryaRay #Surya Visa is swiftly moving ahead announcing its first partners for its new NFC initiative and push into the wider world of mobile payments — two programs it announced a few days ago that come with a set of APIs to let third parties integrate the credit card giant’s payment services more seamlessly into their own. Visa has named Samsung as its first global NFC partner, and dongle maker Ingenico-owned ROAM as its first mobile payment partner for its Visa Ready program. @suryaray

A Juicey Hands-On With The Facebook Omni-Gift Card

#SuryaRay #Surya "Uh Facebook Gift Card?", the Jamba Juice cashier said with a twang. "I don’t even know what that is." But that didn’t stop her from ringing up my purchase with Facebook’s big move into brick-and-mortar commerce. Facebook announced the card last month, and today I was one of the first to try it out. Here’s how it felt to swipe Facebook’s hopeful disruptor of the $100 billion US gift card market. @suryaray

YC’s iCracked Is Blowing Up With A New “Uber” For iPhone Repairs Service

#SuryaRay #Surya Yes, you can fix that smashed iPhone on demand now. That means no visits to the Apple store, or intensive DIY efforts. A YC alum called iCracked launched a real-time, iPhone or iPad repair service a little over a month ago. Think of it like an “Exec” or an “Uber” for your broken iPhone that you can order straight to your door. With hardly any publicity at all, the service is blowing up: it boosted iCracked’s number of monthly customers by about 250 percent and the company tells me the business is eyeing “eight figures” in revenue for this year. The changes add iCracked to a growing class of startups like Exec, Uber, Zimride’s Lyft, Instacart and Postmates that are all trying to solve the logistical issues of delivering products and services in real-time in urban cities. “We want to be the ‘AAA’ for your device,” explains AJ Forsythe, the company’s CEO. “We’re doing on-demand repair and buyback for just about every major city in the U.S.” He shared some of the maps above and below with us, showing actual completed repairs in the last 30 days. Above is the San Francisco Bay Area, and just for good measure to show that this isn’t a Silicon Valley-only phenomenon, he showed us a map of South Florida (below). “We’re trying to get to a place where we can get someone to them in the shortest amount of time at the click of a button,” he said. He partnered with a 20-year-old from the U.K. named Martin Amps, who had built a dispatch system just months ago. Amps never implemented it because it was so specialized, but Forsythe found him on a Hacker News posting and thought the system could be of use to iCracked. Up until then, iCracked’s three-prong business model worked similarly. But it didn’t operate in real-time. Customers would have to mail-in their devices or schedule appointments with iTechs. iCracked earns revenue in three ways: it does 1) repairs, 2) buybacks and 3) sells do-it-yourself kits (pictured right) for people who want to fix phones themselves. The company has more than 350 “iTechnicians,” who work as contractors and are trained to quickly fix broken iPhones and iPads. They earn decent salaries of between $70,000 and $100,000 a year. Forsythe says he’s selective and he only ends up hiring about 2 to 3 percent of iTech applicants. While these “iTechs” @suryaray

EU’s Probe Into Google’s Search & Advertising Practices Could Be Resolved After The Summer

#SuryaRay #Surya The European Union’s two-year long antitrust probe into Google’s search practices may be resolved after this summer, according to a Reuters report. The news agency quotes EU Competition Commissioner Joaquin Almunia, telling a conference today: “We can reach an agreement after the summer break. We can envisage this as a possible deadline.” @suryaray

RedBus Continues To Dominate In India, But That’s Not What Makes Them Special

#SuryaRay #Surya As I start my trip in India along with Dave McClure’s “Geeks On A Plane,” I started to read about all of the startups in India that are used to prove that the country is making inroads and is relevant. It’s a story that I’m very familiar with in emerging markets, there’s a group of VCs and entrepreneurs that want to prove that India is worthy of time, effort and more importantly, investment. One of the companies that I had heard quite a bit about is called, a service that has standardized and centralized India’s bus system. Having been to India before, I kind of laughed at the notion of that being possible, even after having read Sarah Lacy’s fantastic piece about them from two years ago. This was supposed to be one of the “ones,” the company that is supposed to make the investment world make the pilgrimage to Bangalore India, which is about 18 hours worth of flights away from Silicon Valley. I visited the RedBus offices, which haven’t seemed to have change much since Lacy described them, but I did notice something new. I spent time in India two years ago, so trust me on this. It was a sign that happily announced that RedBus was hiring. It doesn’t sound like much, maybe a sign that the company is growing, but it was my first signal that something very special was happening in these offices. Our entire “tour” packed into RedBus’ conference room, and once we were introduced to the team it didn’t feel like we were in India. We were in a successful startup’s office and they were about to matter-of-factly explain to us why and how they’ve disrupted a system in a country that had no business being disrupted. All aboard Buses in India are a lifeline, along with manual and motorized rickshaws. There’s not much joyriding happening in this country, it’s very much a “point A to point B” proposition. When I say that, I mean that a group of friends aren’t going out to a club, someone is going to the market to bring food back for their family. When it comes to travelling outside the city in which residents live, the bus is the only option. There are thousands of buses, they’re cheap compared to trains and flights, and people will take a 23-hour busride from one side of the country @suryaray

PayPal Here Is Coming To The UK, Its First Market In Europe, Armed With A New Way To Read Your Card

#SuryaRay #Surya Make way for one more player in the European mobile payments space, and a big one at that. Today, the online payments giant PayPal announced that from this summer it will be rolling out PayPal Here in the UK, its first foray into the European market, equipped with a new piece of hardware to accomodate the chip-based cards prevalent in this part of the world. @suryaray

10 Things You Never Knew About Craigslist

#SuryaRay #Surya 1. Heavy Traffic

Craigslist receives more than 50 billion page monthly pageviews. More than 60 million people from the U.S. alone visit the site each month _Image courtesy of Flickr, epSos.de_

Click here to view this gallery.

When you think of Craigslist, you probably imagine the sparsely designed Internet agora of job listings, apartment rentals and just about everything else in between. But what do you really know about the community-driven e-commerce hub?

We dug into Craigslist’s About page to learn some lesser-known facts.

SEE ALSO: 16 Things You Should Never Buy on Craigslist

How many people actually post to Craigslist each month? Why is it rather than And who is Craig, anyways? Take a look through the gallery above to become a Craigslist expert.

Are you a frequent Craigslist user? Let us know in the comments if any of these facts surprise you.

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More About: craigslist, ecommerce, features @suryaray

Home Depot-Owned Redbeacon Now Lets You Pay Contractors Online

#SuryaRay #Surya RedBeacon has just released an update to its services that effectively closes the loop on the company’s home services marketplace. The company announced the update on its blog, bringing mobile and online payments to the platform. This will let users link their credit card to their RedBeacon account and pay for home services directly from RedBeacon, as opposed to a cash exchange once the pro is finished. @suryaray

YC-Backed Referly Acquires LaunchGram, Eyes Ramen Profitability

#SuryaRay #Surya At just about a year of age, Referly may be a tad young to be making its first acquisition. But the San Francisco-based startup is doing just that today with the purchase of 500 Startups-backed LaunchGram. Basically, LaunchGram was a service that kept people up-to-date on upcoming product releases. Because Referly also appeals to people who like to curate products and earn extra cash off recommendations through affiliate revenue, there was a big overlap in their customer base, CEO Danielle Morrill explains. “This will help us be the destination for conversations around products,” Morrill said. “They were at the same place where we were in terms of traffic so this doubles our web traffic overnight.” The deal was done for a combination of cash and equity, but neither company is disclosing how much. Only LaunchGram’s CEO Andy Sparks is coming on with the acquisition, but plans to keep LaunchGram alive. “We’ll continue to operate the site, but we’ll keep it separate from,” Morrill said. “It still fits with our overall strategy.” Sparks will take the lead on curating and editing’s channels around technology products. Morrill said the site has so far leaned toward categories like fashion, so this will cover a lucrative gap in’s offerings. Morrill added that the is steadily growing with probably 1 million pageviews this month, 100,000 uniques last month and enough revenue to cover one engineer. “It’s a psychologically impactful level,” she said. “Even if there was startup nuclear winter, one person could survive on this.” She added that they’re holding off on fundraising until she feels the company is performing well financially. The company just raised $1 million in a large seed round that included New Enterprise Associates, Ignition Partners, 500 Startups and Twilio CEO Jeff Lawson. “We want to be ramen profitable before we raise,” Morrill said. “Paul Graham is always talking about startups that are cockroaches and that survive. I’m very determined that we will be that kind of company at the very least.” That said, there are definitely more than a few things that have changed. Originally, the company was looking to democratize the way affiliate revenue on the web works. Many of the biggest e-commerce sites like Amazon pay others a small revenue share called an affiliate fee if they send buying customers over. It usually ranges from a few percent to 10 percent. While bigger @suryaray

Condé Nast Reveals Investment In Jewellery Startup, As Media Scrambles For New Revenues

#SuryaRay #Surya In yet another an indication that big media powerhouses are starting to refocus their business on driving new business models like commerce, publishing giant Condé Nast has made what is understood to be its first investment in an e-commerce startup in Europe. Condé Nast Germany has invested in RenéSim, one of Europe’s first online jewellers in the luxury category. The premium publisher, best known for titles like Vogue magazine, said it had actually owned shares in the company since 2011, but it has now raised its stake to 46% in a capital increase. Condé Nast already owns Reddit, although this is a publishing play, not e-commerce. @suryaray Raises $8.5M Series B To Expand Online Marketplace For Fine Art

#SuryaRay #Surya The art world doesn’t always get a lot of love from the VC community, but is ready to change all that with a new round from Canaan Partners. The Series B round adds another $8.5 million on to ArtSpace’s original $3.7 million in venture and Series A funding. is an ecommerce platform that acts as an online marketplace for high-end art. It was founded back in 2011, and has since grown to secure the largest ever round in the art sector, but that’s just the start. The service has also built out its inventory since launch from $7 or $8 million to $100 million worth of inventory on the site right now. That means that there’s something there for everyone, whether you’re an experienced collector or a first-timer. In terms of that new Series B round, Artspace has big plans for expansion. We spoke to co-founders Catherine Levene and Christopher Vroom who said that the $8.5 million round would go toward expansion of both the technology platform (meaning new products and services) and expansion of the service into new global markets, by increasing marketing and supply partners. You’d assume that art collectors would like to see more than a 2D rendering of their desired work before purchasing it, but apparently that’s not the case. “Paying that huge sum without seeing the art can be scary for some people, but we’ve seen in the last ten years that there is an explosion of sales being made by simply sending jpgs,” said Catherine Levene. “We’re building a more efficient platform from an existing practice, facilitating engagement for the gallery directly to the collector.” Canaan led the round, with help from Baibakoba, Robert Pittman of MTV and Clear Channel Communications, David Rosenblatt of 1stDibs, Mike Yavonditte of Hashable, Pamela and Richard Kramlich of New Enterprise Associates and Staple’s founder Tom Stemberg. “There is significant opportunity in the art technology sector at the moment and of all the platforms that we investigated, has the most compelling business model,” said Warren Lee, partner at Canaan and board member at Artspace. “We are already seeing existing collectors embrace the platform and we believe the next generation of art collectors will expect to be able to buy online.” @suryaray

PayPal Stops Personal Payments In Singapore

#SuryaRay #Surya PayPal will stop allowing personal payments in Singapore on February 20. It said in an email to members that this was due to “regulatory instructions”. People will still be able to make commercial payments for goods and services with their accounts, such as at online merchants, or receive funds, but we can expect that fund transfers between personal  accounts will be halted. They’re not clear on exactly what sort of fund transfers will be stopped, but this seems in line with what happened in other countries. According to reports, PayPal Japan’s personal account holders stopped being able to receive or send money to individuals in 2010, and now have to pay a business fee for transactions. The same year, users in Taiwan and Brazil reported that they stopped being able to send personal payments. PayPal’s wording seems to suggest that users will still be able to receive payments from “sales and trading”, so this shouldn’t hurt individuals selling on eBay (which owns PayPal). However, many of the smaller blogshops in the region are run by individuals, and those transfers are to personal accounts. Blogging platform, LiveJournal, has said it has a global pool of over 50,000 blogshops. It said that the transaction volume of Singapore blogshops was $80 million in that year alone. @suryaray