E-commerce

eBay sets ambitious goal for 2015: $300B in transactions

E-commerce site eBay looks to be moving into high gear.

CEO John Donahoe announced today that by 2015, he expects the company to be handling $300 billion in transactions per year, according to The Wall Street Journal, nearly twice what it did in 2012. That means, for 2015, between $21.5 billion and $23.5 billion in revenue from both eBay and its payments processing unit PayPal. In 2012, the company earned $14 billion in revenue.

According to the Journal, the company also plans to double the number of active users on its site over the next two years -- … Read more

N.Y.'s highest court: Your Internet tax break days are done

New York state's highest court today ruled that out-of-state online retailers must charge state tax on New York State customers. Now it gets interesting since the 4-1 judgment by the New York State Court of Appeals makes it all the more likely that the question will get an airing, sooner rather than later, in front of the U.S. Supreme Court.

Along with New York, eight other states have similar laws on the books ending the hidden tax break people got when buying products from companies on the Internet. Those statutes require the states in question to collect sales taxRead more

Google tiptoes into same-day local delivery service

Google is going to start dabbling in same-day deliveries, and wants you online shoppers to help out.

Well, if you're doing your online shopping in the San Francisco Bay Area, that is. The company is calling its Google Shopping Express service, unveiled today, a "new experiment" that's in an "incredibly early days" phase, and the company is starting small to try to work out the kinks and avoid headlong overcommitment. (Consider the similar approach it's taking with Google Fiber in the Kansas City area.)

Google has enlisted a number of national and local … Read more

Walmart to tap in-store customers to deliver to your home?

Walmart is considering doing something that most people would find extremely radical.

The company is in the early planning stages of a service that would see in-store customers rent space in their vehicles and their time to the mega-retailer to deliver products it sells online. The move would combat same-day delivery ideas from Amazon and reportedly what's in the works with Google, which might have already signed on Target for such a service.

According to Reuters, which spoke with Walmart representatives on the idea, people would order products online. Walmart would then tap in-store customers willing to deliver products … Read more

eBay tests new program to sell your items to Goodwill

Have a used item you don't think will sell on eBay? A new program could still fill your pockets with half the proceeds.

Recently launched on a test basis, "Sell it Forward" lets you send your used items to eBay in a free, postage-paid bag. From there, eBay hands them over to the San Francisco Bay Area branch of Goodwill Industries. If Goodwill can unload the items within 14 days, you score a 50 percent cut of the sales price, which is sent to your PayPal account. If not, you get a receipt for a donation that … Read more

Amazon expands X-Ray actor bio feature to TV shows

Curious about what other shows feature the actress playing Lady Grantham on "Downtown Abbey"? Kindle Fire users can now find out instantly using Amazon's X-Ray feature.

The e-commerce giant today said it has expanded its X-Ray for movies feature to TV shows, providing real-time access to actor bios when watching a show. Just tap on the Kindle Fire screen while watching "Downtown Abbey," for example, and a drop-down menu of the actors appearing in the current scene appears. Viewers then can select whichever actors they're interested in to see their bios. X-Ray draws its … Read more

At Y Combinator Demo Day, many echoes of Kickstarter

MOUNTAIN VIEW, Calif.--If you cringe when you hear a company described as "Kickstarter for" this industry or that genre, yesterday's Y Combinator Demo Day was probably not for you.

As happens twice a year, a Who's Who of A-list (and B- and C-list) venture capitalists and angel investors descended on the Computer History Museum here for the semi-annual Demo Day. There, the newest graduating alumni of the world's leading tech incubator had the chance to show off their talents -- and wares and/or services -- to the money men and women and reporters … Read more

Stocksy aims to bring the soul back into stock photography

Bruce Livingstone, founder of the iStockphoto site that grew from a small stock-art community to a multimedia juggernaut, is launching a competitor called Stocksy United today that he hopes will bring the business back to its roots.

Stocksy is a startup, but it won't attract venture capital, won't be acquired by a larger rival, and doesn't have an exit strategy. Instead, it's a cooperative run by its own photographers who get paid a relatively high percentage of the royalties generated by each image sale: 50 percent. On top of that, photographers split the profits left over … Read more

eBay lowers seller fees, in bid to swipe business from Amazon

eBay is eliminating listing fees and simplifying rates in hopes of bringing Amazon sellers to its doors.

In addition to a new fee rate system, eBay will let sellers list many items for free, the company announced today. eBay said the changes, which begin rolling out in April, are the online marketplace's first major update in pricing in several years.

"The update is part of eBay's ongoing commitment to be the most competitively priced commerce platform in the U.S. today, offering sellers of all sizes a great deal and being a partner of choice for merchants, … Read more

Google to split mapping, commerce ops, WSJ reports

It appears that Google's "spring cleaning" is even broader than thought.

The online search giant is splitting its mapping and commerce unit into two separate businesses, The Wall Street Journal reported today, citing its sources.

Jeff Huber, who led the mapping and commerce business, is stepping aside from his role and will be moving to the Google X unit, the Journal said. That business is run by Google co-founder Sergey Brin and works on projects such as self-driving cars and Google Glass.

Google confirmed to CNET that Huber is shifting roles.

"Jeff is an extraordinary executive,&… Read more