Priceline.com has appointed Darren Huston to become its new CEO. A new Chief Executive Officer was installed at Priceline. com Inc, this comes after its incumbent CEO Jeffrey Boyd would be elevated as chairman.
eCommerce
Sears Canada to sell half of real estate ownership for CAD315 million
Canadian retailer Sears Canada would be exiting from its ownership in eight real estate properties for CAD315 million after suffering from company losses.
Amazon and USPS to deliver on Sundays
For its Amazon prime members, Amazon had entered into an agreement with the US Postal Service into providing deliveries to customers on both Saturdays and Sundays.
Alibaba benefits from e-commerce frenzy at 11.11 Fest as it nears IPO
Several industry observers believed that Alibaba's upcoming IPO on November 15 would not be eclipsed by the media frenzy of Twitter Inc's recent public listing.
Jessica Alba's The Honest Company raises USD25 million in funding
The USD25 million funding Jessica Alba's The Honest Company had raised would go towards implementing its growth plans, including a potential expansion in the Canadian market.
Latest News
Espresso Logic's first reactive logic programming based database backend merits seed funding in the amount of USD1.6 million from renowned Silicon Valley angel investors such as Inventus Capital.
A total of USD6 million in capital was provided by Guggenheim Partners for CardCash for growth financing purposes.
Roozt.com, an online marketplace for indie brands, announced its seed investment round to raise USD750,000.
E-commerce company Groupon announced its third quarter revenue results and plans on acquiring Korea's Ticket Monster.
Coresytems raises USD15.5 million in its Series A funding round. Mobile cloud field service firm Coresystems recently announced the receipt of pledges amounting to CHF14 million or USD15.
BuildDirect.com Technologies Inc receives USD 5 mls investment from Difference Capital Financial Inc
Difference Capital Financial Inc invested USD 5 million in online home improvement products supplier BuildDirect.com Technologies Inc.
A USD12 million fund infusion was received by Channel 1Q for it use to accelerate its development. The central marketplace for retailers and manufacturers, Channel IQ announced the raising of USD12 milion from Drive Capital.
Some industry observers see the rise in Bitcoin value as a bloated valuation. In an article on TechCrunch, digital currency Bitcoin was reportedly on a comeback after a series of market value setbacks.
Former Silk Road administrators confirmed that the Silk Road marketplace on silkroad6ownowfk.onion was the real deal.
