InternetNews Staff

ecFood.com has launched as a cyber-mall type marketplace for business-to-business sales by food manufacturers, allowing industry companies to do business online “without the hassle and costs of building their own Web site.” With its new Community Marketplace, ecFood.com said it is offering a quick and cost-efficient way for food companies to get on the Internet […]

Web currency company beenz.com said it has received an additional $20 million in its third round of private funding, in the form of Series A convertible preferred stock, from several strategic partners and financial institutions. Japanese communications and retailing company Hikari Tsushin, Oracle Corp. Chief Executive Officer Larry Ellison, Gefinor Group, French holding company ArtC)mis […]

Amazon.com launched its first private-label marketing effort, offering the Amazon.com Bag Collection, a set of six custom-designed bags and totes. The bags, designed and manufactured exclusively for Amazon.com customers, will be featured in Amazon.com’s Bag Shop. Price points range from $29.99 to $79.99. The bags are lightweight, easy to carry, and constructed to accommodate everything […]

Into the increasingly crowded incentive surfing and shopping field comes PointClick.com, which is launching the PointClick Network, another new consumer-to-business network that pays cash for surfing the Web and buying products online. The Web sites in the PointClick Network get increased traffic and online sales and only pay for potential customers who actually click on […]

Internet retailer and e-commerce portal BUY.com said that a syndicate led by Softbank Capital Partners (SBCP) has agreed to purchase $165 million in BUY.com stock from the company and a group of existing shareholders. Other investors include Vivendi S.A. and the epartners Capital Ltd. subsidiary of News Corp. In conjunction with the investment, BUY.com and […]

Soon-to-launch party supplies retailer GreatEntertaining.com signed a three-year, $10.1 million e-commerce agreement with America Online. GreatEntertaining.com’s entertaining and party supplies will be available through an anchor placement in the Tabletop and Entertaining departments of the Shop@AOL, AOL.com, CompuServe and Netscape online shopping destinations. The agreement also includes online and off-line cross promotional opportunities. GreatEntertaining.com plans […]

Teen site Bolt.com has launched an e-commerce model in which its new Bolt Store will sell merchandise determined solely by its audience of three million teens. The Bolt Store will open with more than 1,000 products available, including teen-requested products such as skateboards, inline skates, guys and girls clothes, outerwear, watches, hats, cosmetics, jewelry, CD […]

Online bill delivery, payment and management service Paytrust.com launched the Paytrust Affiliate Network, offering partnerships to other sites via affiliate marketer Be Free. Paytrust Partners earn a commission ranging from $7 to $12 for each new subscriber they deliver to the Paytrust service. Be Free acts as an intermediary, tracking each transaction and reporting the […]

Online printing company PrintOnTheNet.com said it intends to merge with Miami-based PrintAmerica, one of the largest quick printers in Florida. Financial arrangements were not disclosed. The plan calls for PrintAmerica to become a wholly owned subsidiary of PrintOnTheNet.com and be renamed PrintAmerica Interactive. “We feel this merger brings the best of two worlds together,” said […]

A new industry report says that the B2B e-commerce market in the United States will grow to approximately $1.5 trillion by 2004 from a base of $39 billion in 1998. The report from investment banking firm Goldman, Sachs & Co. is entitled “B2B: 2B Or Not 2B?” While the business-to-consumer (B2C) market has been growing […]

Yet another online magazine subscription service has launched, this one called MagazineOutlet.com from NewSub Services Inc. MagazineOutlet.com said it allows customers to subscribe online to more than 25,000 magazine titles, including consumer titles at discounted prices, as well as professional and trade magazines. Customers can find a specific magazine or view a selection of magazines […]

Online comparative shopping service DealTime.com secured $20 million in a second round of financing led by Nomura International plc. The round included a second investment from Odeon Capital Partners, as well as investments from WaterView Partners, a private equity firm led by Frank Biondi and Richard Reiss; Advanta Partners; Israel Infinity Venture Capital Fund and […]