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E-Commerce

E-Commerce in U.K. Grows by 28.9% in 2005, Report Says

Authored by Mark Hefflinger on February 13, 2006 - 11:25am.
London - According to a new report by market-analysis firm Verdict, U.K. shoppers are taking to the Internet like never before. Last year, U.K. consumers spent more than $14.3 billion online, a 28.9% year-on-year increase. The report also found that the e-commerce community grew by about 14.6 million people (a 25.5% increase) over the same period, meaning that nearly a quarter of Britons use the Internet to buy goods now. Verdict said the report shows that e-commerce is rapidly closing the gap with the High Street, where consumers spent $16.4 billion last year (a 1.5% increase).
tags: Report | U.K | 20%% | Grow | 28.9%% | E-Commerce |

Media E-Commerce Software Firm Navio Raises $25.4 Million

Authored by Mark Hefflinger on November 8, 2005 - 10:42am.
Cupertino, Calif. - Navio Systems, a developer of e-commerce technology used to distribute digital media, announced on Tuesday that it has raised $25.4 million in its second round of venture capital funding. WK Technology Fund led the investment round; VantagePoint Venture Partners and Add Partners also participated. Cupertino, Calif.-based Navio's software is used by music and media companies, mobile carriers and messaging providers to power digital commerce storefronts, promotional offers and other transactions, where the rights to content are managed separately from the contest itself. The investment will be used to add operational capacity, further development efforts, and expand into other countries.
tags: VC | Software | E-Commerce | Navio |

Thomson, VeriSign Partner on Secure E-Commerce Service for Music, Movies

Authored by Mark Hefflinger on November 23, 2004 - 4:27am.
Paris -- Thomson, a provider of video equipment to media and entertainment firms, announced on Tuesday that it has partnered with VeriSign, a provider of e-commerce security software, to create an on-demand content authentication and authorization service to support the secure delivery of music, movies, games and other media over the Internet. The companies say they have already demonstrated the service with entertainment, telecom and technology firms and plan a commercial launch by mid-2005. Paris-based Thomson and Mountain View, Calif.-based VeriSign are also developing proprietary technology to provide secure authentication and authorization of digital content over home networks and devices like PCs, digital video recorders and recordable media. Yesterday, Thomson announced that it purchased a 33% stake in ContentGuard, a digital rights management joint venture with Microsoft and Time Warner.
tags: Deals | Music | Movies | VeriSign | E-Commerce | Thomson |

Amazon.com Extends E-Commerce Fulfillment Pact with Borders Group

Authored by Mark Hefflinger on November 13, 2003 - 7:43am.
Seattle -- Online retailer Amazon.com on Thursday announced a multi-year extension of its agreement to provide e-commerce fulfillment services to fellow retailer Borders. Amazon.com will continue to provide technology services, site content, product selection and customer service for the co-branded Borders.com and Waldenbooks.com sites. Sales through the sites are recorded by Amazon.com, with Borders Group receiving a percentage of sales.
tags: E-Commerce | Amazon.com | Fulfillment | Borders Group |