Dot-com http://www.globalpost.com/taxonomy/term/31737/all en China search giant reports 57.5% rise in full year profit http://www.globalpost.com/dispatch/news/afp/130209/china-search-giant-reports-575-rise-full-year-profit <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>China's leading Internet search engine Baidu said its net profit for last year grew 57.5 percent despite a growth slowdown in the world's second largest economy.</p> <p>Baidu is the dominant search engine in China, holding 79 percent of the total market in the fourth quarter last year, according to Beijing-based Internet consultancy Analysys International.</p> <p>The company has benefited from US search giant Google's decision to partially move out of the massive Chinese market in 2010 after a public spat with Beijing over censorship.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130209/china-search-giant-reports-575-rise-full-year-profit" target="_blank">read more</a></p> Baidu Dot-com Science and technology in the People's Republic of China Technology AFP Sat, 09 Feb 2013 23:45:21 +0000 Agence France-Presse 5751431 at http://www.globalpost.com Germany eyes mid-2013 for EU-US trade talks http://www.globalpost.com/dispatch/news/afp/130213/germany-eyes-mid-2013-eu-us-trade-talks <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Germany on Wednesday "expressly welcomed" US President Barack Obama's pledge to begin talks on a transatlantic trade deal and said it wanted the groundwork to be laid within months.</p> <p>"I would like to say on behalf of the federal government that we expressly welcome this clear commitment of President Obama for a transatlantic free trade agreement," Steffen Seibert, the German government spokesman, told a regular briefing.</p> <p>Berlin believes such an agreement would be "a valuable contribution for more growth and more jobs on both sides of the Atlantic," added Seibert.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130213/germany-eyes-mid-2013-eu-us-trade-talks" target="_blank">read more</a></p> Chambers of commerce Dot-com E-Trade Politics AFP Wed, 13 Feb 2013 13:33:07 +0000 Agence France-Presse 5754350 at http://www.globalpost.com Analysis - Amazon's sellers unhappy about fee hikes, eye rivals http://www.globalpost.com/dispatch/news/thomson-reuters/130318/analysis-amazons-sellers-unhappy-about-fee-hikes-eye-rivals <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Alistair Barr</p> <p>SAN FRANCISCO (Reuters) - A brewing conflict between Amazon.com Inc and its merchants over fee hikes could benefit rival eBay Inc, and provide an opening for Wal-Mart Stores Inc and Google Inc, which are just getting into the space.</p> <p>Amazon's online bazaar generates margins many times higher than traditional retail as the company takes a cut of every sale on its site made by a merchant, known as a third-party seller, and charges extra fees for handling logistics.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130318/analysis-amazons-sellers-unhappy-about-fee-hikes-eye-rivals" target="_blank">read more</a></p> Amazon.com Inc Business Dot-com Electronic commerce Technology Thomson Reuters Mon, 18 Mar 2013 11:30:18 +0000 Thomson Reuters 5786670 at http://www.globalpost.com EBay goes after Amazon with fee changes for sellers http://www.globalpost.com/dispatch/news/thomson-reuters/130319/ebay-goes-after-amazon-fee-changes-sellers <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Alistair Barr</p> <p>SAN FRANCISCO (Reuters) - EBay Inc said on Tuesday it will overhaul fees for sellers on its online marketplace, lowering them for many sellers as it steps up competition with Amazon.com Inc.</p> <p>EBay is simplifying its "final value fees" with the percentage fee levied on each sale determined by product categories. Currently, the percentage fee is based on an item's price.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130319/ebay-goes-after-amazon-fee-changes-sellers" target="_blank">read more</a></p> Business Dot-com eBay Inc Electronic commerce Technology Thomson Reuters Tue, 19 Mar 2013 17:15:58 +0000 Thomson Reuters 5787951 at http://www.globalpost.com Internet sales tax bill advances in U.S. Senate http://www.globalpost.com/dispatch/news/thomson-reuters/130424/internet-sales-tax-bill-advances-us-senate <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>WASHINGTON (Reuters) - Wider U.S. tax collections on Internet sales moved another step closer to reality on Wednesday as legislation in the U.S. Senate cleared another procedural hurdle.</p> <p>The 75-22 Senate vote cleared the way for consideration of a bill that would empower U.S. states to require out-of-state retailers to collect online sales taxes from customers.</p> <p>A vote on passage of the measure could come this week.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130424/internet-sales-tax-bill-advances-us-senate" target="_blank">read more</a></p> Dot-com Economy of the United States Electronic commerce Religion Technology Thomson Reuters Wed, 24 Apr 2013 18:15:03 +0000 Thomson Reuters 5824364 at http://www.globalpost.com Baidu first quarter profit misses Wall Street targets http://www.globalpost.com/dispatch/news/thomson-reuters/130425/baidu-first-quarter-profit-misses-wall-street-targets <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Alexei Oreskovic</p> <p>SAN FRANCISCO (Reuters) - Baidu Inc, China's largest search engine, posted its slowest profit growth in more than four years, missing Wall Street targets as higher traffic acquisition costs ate into profit margins and the company consolidated results from its money-losing online video unit.</p> <p>Shares of Baidu, which have fallen about 12 percent since the start of the year, were down more than 6 percent at $85.80 (55.6 pounds) in after hours trading on Thursday.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130425/baidu-first-quarter-profit-misses-wall-street-targets" target="_blank">read more</a></p> Baidu Dot-com Science and technology in the People's Republic of China Thomson Reuters Thu, 25 Apr 2013 23:05:27 +0000 Thomson Reuters 5825534 at http://www.globalpost.com Amazon targets frequent shoppers with new Prime service http://www.globalpost.com/dispatch/news/thomson-reuters/130610/amazon-targets-frequent-shoppers-new-prime-service <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Alistair Barr</p> <p>SAN FRANCISCO (Reuters) - Amazon.com Inc unveiled a new version of its successful Prime shipping service on Monday as the world's largest Internet retailer tries to attract more-frequent shoppers with groceries and other everyday household products.</p> <p>Amazon expanded its AmazonFresh online grocery business into parts of Los Angeles on Monday, after testing the service in its hometown of Seattle for more than five years.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130610/amazon-targets-frequent-shoppers-new-prime-service" target="_blank">read more</a></p> Amazon.com Inc Dot-com Economy of the United States Electronic commerce Religion Technology Thomson Reuters Mon, 10 Jun 2013 18:31:58 +0000 Thomson Reuters 5854473 at http://www.globalpost.com Censorship lawsuit against Baidu and China gets new life in U.S http://www.globalpost.com/dispatch/news/thomson-reuters/130610/censorship-lawsuit-against-baidu-and-china-gets-new-life-us <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Jonathan Stempel</p> <p>(Reuters) - A U.S. judge has given a lawsuit by pro-democracy activists against Baidu Inc and the People's Republic of China new life, even after the country invoked its authority as a sovereign nation to block the censorship case.</p> <p>U.S. District Judge Jesse Furman in Manhattan said the activists were entitled to serve their lawsuit on Baidu's lawyer in New York, without infringing China's sovereign protections.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130610/censorship-lawsuit-against-baidu-and-china-gets-new-life-us" target="_blank">read more</a></p> Baidu Dot-com Science and technology in the People's Republic of China Thomson Reuters Mon, 10 Jun 2013 19:31:38 +0000 Thomson Reuters 5854553 at http://www.globalpost.com Amazon plans big expansion of online grocery business: sources http://www.globalpost.com/dispatch/news/thomson-reuters/130610/amazon-plans-big-expansion-online-grocery-business-sources <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Alistair Barr</p> <p>SAN FRANCISCO (Reuters) - Amazon.com Inc is planning a major roll-out of an online grocery business that it has been quietly developing for years, targeting one of the largest retail sectors yet to be upended by e-commerce, according to two people familiar with the situation.</p> <p>While food is a low-margin business, Amazon could outperform similar online grocery services by delivering orders for higher-margin items like electronics at the same time.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130610/amazon-plans-big-expansion-online-grocery-business-sources" target="_blank">read more</a></p> Amazon.com Inc Business Dot-com Economy of the United States Electronic commerce Religion Technology Thomson Reuters Mon, 10 Jun 2013 19:33:01 +0000 Thomson Reuters 5854559 at http://www.globalpost.com From the ashes of Webvan, Amazon builds a grocery business http://www.globalpost.com/dispatch/news/thomson-reuters/130616/the-ashes-webvan-amazon-builds-grocery-business <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Alistair Barr</p> <p>SAN FRANCISCO (Reuters) - The online grocery start-up Webvan may have been the single most expensive flame-out of the dot-com era, blowing through more than $800 million in venture capital and IPO proceeds in just over three years before shutting its doors in 2001.</p> <p>Twelve years later, though, Webvan is rising from the dead - in the form of an online grocery business called AmazonFresh.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130616/the-ashes-webvan-amazon-builds-grocery-business" target="_blank">read more</a></p> Business Dot-com Management Technology Webvan Thomson Reuters Sun, 16 Jun 2013 13:32:07 +0000 Thomson Reuters 5858104 at http://www.globalpost.com From the ashes of Webvan, Amazon builds a grocery business http://www.globalpost.com/dispatch/news/thomson-reuters/130618/the-ashes-webvan-amazon-builds-grocery-business <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Alistair Barr</p> <p>SAN FRANCISCO (Reuters) - The online grocery start-up Webvan may have been the single most expensive flame-out of the dot-com era, blowing through more than $800 million in venture capital and IPO proceeds in just over three years before shutting its doors in 2001.</p> <p>Twelve years later, though, Webvan is rising from the dead - in the form of an online grocery business called AmazonFresh.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130618/the-ashes-webvan-amazon-builds-grocery-business" target="_blank">read more</a></p> Business Dot-com Management Technology Webvan Thomson Reuters Wed, 19 Jun 2013 01:01:50 +0000 Thomson Reuters 5860705 at http://www.globalpost.com France to seek ban on Amazon bundled discounts, free delivery http://www.globalpost.com/dispatch/news/thomson-reuters/130621/france-seek-ban-amazon-bundled-discounts-free-delivery <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>PARIS (Reuters) - France's Socialist government aims to introduce a law preventing online retailer Amazon from offering both discounts and free delivery for books in France, the culture minister said, arguing this amounts to unfair competition.</p> <p>Aurelie Filippetti said the government was looking for the right time to introduce a ban on the practice, which book sellers say threatens their business model by allowing Amazon to undercut their prices.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130621/france-seek-ban-amazon-bundled-discounts-free-delivery" target="_blank">read more</a></p> Amazon Dot-com Electronic commerce Online music stores Social Issues Thomson Reuters Sat, 22 Jun 2013 02:00:06 +0000 Thomson Reuters 5863758 at http://www.globalpost.com China's Baidu buys mobile app firm for $1.9 bn http://www.globalpost.com/dispatch/news/afp/130716/chinas-baidu-buys-mobile-app-firm-19-bn <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>China's leading Internet search engine is to buy a smartphone app distribution firm for $1.9 billion, it said Tuesday, in what is said to be the largest takeover deal in the country's Internet industry.</p> <p>The move will consolidate Baidu's position as a leading access portal to China's mobile Internet, according to a report by Chinese industry research firm CCID.</p> <p>Baidu held 80.6 percent of the country's search engine market in the first quarter of this year, independent research firm iResearch said in a recent report.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/130716/chinas-baidu-buys-mobile-app-firm-19-bn" target="_blank">read more</a></p> Baidu Baidu Dot-com Science and technology in the People's Republic of China Technology AFP Tue, 16 Jul 2013 06:02:27 +0000 Agence France-Presse 5884943 at http://www.globalpost.com Baidu to buy Chinese app store for $1.9 billion http://www.globalpost.com/dispatch/news/thomson-reuters/130716/baidu-plans-buy-stake-netdragon-unit-1-billion <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>(Reuters) - Baidu Inc, China's top search engine, plans to acquire app store 91 Wireless for $1.9 billion to strengthen its foothold in the country's highly competitive mobile computing sector.</p> <p>Baidu will buy a 57.4 percent stake in 91 Wireless, one of China's earliest appstores, from NetDragon Websoft Inc for $1.09 billion, and the remainder from other shareholders, both companies said on Tuesday.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130716/baidu-plans-buy-stake-netdragon-unit-1-billion" target="_blank">read more</a></p> Apple Inc. Baidu Business Dot-com Technology Thomson Reuters Tue, 16 Jul 2013 04:33:53 +0000 Thomson Reuters 5884882 at http://www.globalpost.com China's Baidu buys mobile app firm for $1.9 bn http://www.globalpost.com/dispatch/news/afp/130716/chinas-baidu-buys-mobile-app-firm-19-bn-0 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>China's leading web search engine Baidu is to buy a smartphone app distribution firm for $1.9 billion, it said Tuesday, in what is believed to be the largest takeover in the country's Internet industry.</p> <p>The move to purchase 91 Wireless Websoft will consolidate Baidu's position as a leading access portal to China's mobile Internet, according to a report by Chinese industry research firm CCID.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/130716/chinas-baidu-buys-mobile-app-firm-19-bn-0" target="_blank">read more</a></p> Baidu Baidu Computing Dot-com Labor Technology AFP Tue, 16 Jul 2013 09:32:21 +0000 Agence France-Presse 5885046 at http://www.globalpost.com