Voices

Senate Passes Internet Sales Tax Bill

Online shoppers won’t have to pay sales tax just yet.

News Byte

Social-Shopping Website OpenSky Relaunches as Full-Fledged Online Marketplace

OpenSky, the two-year-old e-commerce site that took a stab at social shopping by allowing members to follow celebrity and expert curators, has relaunched as a full-fledged marketplace for small businesses. Merchants can open up their own “stores” on the site for free, and can sell to OpenSky’s 2.5 million members, with OpenSky taking a commission on items sold — like Etsy, but with a social twist, more established sellers and a much smaller community of shoppers. Items listed range from cosmetics to clothing to kitchen supplies. OpenSky is based in New York and has raised nearly $50 million in venture capital funding to date.

Eventbrite Hires CFO in Expansion of Top Exec Ranks

In its first C-level hire from outside the company, Eventbrite has brought in experienced finance exec Mark Rubash as CFO.
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Online Entertainment That’s for the Taking

Deals on books, movies, music and more are available on most days, you just need to know where to look.
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Groupon Surging After Analyst Becomes Bullish on New Products

Can it transition successfully away from its email-driven daily deals business?
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Home-Remodeling App Houzz Brings Home $35 Million

Houzz is an app that A) you likely browse while in lying bed late at night, B) is a habit you hide from your spouse, C) is allowed in Apple’s App Store, D) all of the above.
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News Byte

Etsy Sellers Grossed $895M in 2012

Etsy said today that its online marketplace sales grew 70 percent to $895 million in 2012, with total membership nearly doubling to 22 million. But the eight-year-old company takes in only a sliver of that revenue, by charging fees of 3 percent to 3.5 percent per transaction, $0.20 per listing and additional amounts for advertising.

TaskRabbit Hires Google’s Brown-Philpot in a Renewed Management Expansion (Video)

Can a seasoned Silicon Valley exec deliver for the marketplace for personal projects and services?
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eBay Reorganizes Its Mobile Group and Releases New Apps

It’s clear the online shopping giant is preparing for 2013 to be another banner year for mobile.
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