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.

Aardvark Founder’s Social Shopping Site Luvocracy Creates Market Around Recommendations

Nathan Stoll’s grandmother was an Avon lady. Now he wants to reimagine that role for the social media age.
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Venture-Backed Commerce Sites Banking on TV Ads to Lure Big Audiences

Slightly ahead of the holidays, several online retailers have announced TV commercials, including One Kings Lane, Fab.com, OpenSky, Gilt Groupe and Wayfair.
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Traditions Die Hard: Most Consumers Start Online Holiday Shopping at Amazon

Amazon dominates at this time of the year, but there are at least two other strong contenders.
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As the Power Returns, E-Commerce Sites Turn Their Attention to the Holidays

Superstorm Sandy proved that even virtual organizations have their kryptonite, but today, it’s largely work as usual.
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Ahead of the Holidays, OpenSky Releases Its First TV Commercial

The Internet retailer will begin airing the 30-second spots today on Bravo, the Food Network and HGTV.
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E-Commerce Is Head Over Heels for Pinterest, and for Good Reason

No one knows exactly what social commerce will be in the future, but it’s starting to look a lot like Pinterest.
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News Byte

Celebrity Shopping Service OpenSky Hires Merchandising Exec

OpenSky, the e-commerce company that lets users “follow” celebrities using a Twitter-like system, has hired its first chief merchandising officer. Simon Black joins the New York-based start-up after running merchandising at Eddie Bauer and HSN. OpenSky has raised $49 million from investors including Providence Equity and Highland Capital.

Meet Mulu, a Pinterest-Like Site for E-Commerce — With a Cause

Mulu.me blends e-commerce with boldfaced names to push products — but also ties buying to charitable giving.
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OpenSky Raises $30 Million for Twitter-Inspired Shopping Site

OpenSky is e-commerce with a Twitter twist: Follow celebrities and experts to get recommendations on the latest food, fashion, design and style.
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