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JustFab Marching Toward $100M in Revenue This Year

Tricia Duryee in Commerce on April 26 at 10:15 am PT

In an update on how well its e-commerce business is faring, JustFab said its revenues are growing as high as the heels that it sells.

New EA Sports Subscription Service Lets You Play Before You Pay

Tricia Duryee in Commerce on August 2, 2011 at 5:00 am PT

Electronic Arts is trying out a new subscription service that will, for a small annual fee, give members early access to the company’s major sports releases before they hit store shelves.

News Byte

Angie's List Reviewing Options, Including an IPO

Tricia Duryee in Commerce on April 28, 2011 at 1:30 pm PT

Angie’s List is considering filing for an IPO as early as this year, CEO Bill Oesterle told Bloomberg. Indianapolis-based Angie’s List, which provides consumer reviews to 1.5 million members, has hired advisors to investigate its options, which could also include a sale. The site charges members between $40 and $70 a year to belong. In preparation for the company’s next stage, it has appointed Keith Krach as chairman and Robert Millard as CFO. Oesterle said revenues jumped 40 percent in 2010 and the company expects to end the year with 1.8 million members. Last month, it reportedly raised more than $50 million.

News Byte

LivingSocial Fuels Aggressive Growth Plans With $400 Million in Financing

Tricia Duryee in Commerce on April 6, 2011 at 12:59 pm PT

As expected, LivingSocial has raised $400 million in funding, bringing the company’s total raised to date to more than $600 million. The round included new and existing investors, such as Amazon.com. As we reported on Monday, LivingSocial has added Neil Ashe, former president of CBS Interactive, to its board. LivingSocial now has 26 million members signed up for its daily deals service in 206 markets. It employs more than 1,300 people and expects to reach 400 markets in 2011.