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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.
Facebook Earnings, Part Deux: What to Expect When the Street Is Expecting
Round two for the social giant’s quarterly numbers.Why Groupon’s Shares Fell 20 Percent, Even Though Profits Are Up
Groupon shareholders are worried about the deal company’s growth prospects after seeing some disturbing trends in its core coupons business.Macy’s Using Shopkick Mobile Rewards App Nationwide
A less expensive installation solution allows Shopkick to place its transmitters in existing retail speaker systems.LivingSocial Launches E-Commerce, a Business Worth $200 Million a Year
LivingSocial, which is partially owned by Amazon, has officially started selling physical products.Beauty-in-a-Box Company Birchbox Will Ship Lifestyle and Tech Products for Men
What’s in the box, you ask?Voices








