High-tech meets low-tech (bike messengers!) as new Chinese consumers embrace online shopping.
By Scott Cendrowski, writer
FORTUNE -- Just as cash-strapped consumers in the developing world bypassed so-called landline phones in favor of mobile devices, so China's lower-income consumers are skipping physical stores in favor of e-commerce sites.
A recent report by McKinsey & Co. shows that e-commerce sales in China reached an estimated $190 billion last year, almost equaling the U.S. MOREMay 20, 2013 11:12 AM ET
Yes, Groupon's whimsy-prone founder is gone. That doesn't mean the e-commerce company has changed its ambitions much.
FORTUNE -- Eric Lefkofsky does not know what became of Montgomery Ward & Co., the iconic Chicago catalog merchandiser and retailer that was built to last more than 100 years.
I am of two minds on his knowledge gap. On the one hand, you'd think that the man whose several companies, including the much-criticized deal-promotion site MOREAdam Lashinsky, Sr. Editor at Large - May 9, 2013 7:22 AM ET
Some say collecting and remitting sales taxes would be too complicated and expensive for smaller businesses. But that doesn't seem to be the case.
FORTUNE -- Taxes on Internet sales have been talked about since the birth of e-commerce. In those early web days, one major objection was that taxes would be impossible to collect, given all the various local and state sales-tax regimes. Forcing merchants to adhere to the laws of MOREDan Mitchell, contributor - May 7, 2013 10:45 AM ET
The e-commerce company has turned itself around. Now it must find more ways to grow.JP Mangalindan, Writer - Apr 18, 2013 11:34 AM ET
Retooled e-commerce giant eBay wants users to take a second look.
By Kevin Kelleher, contributor
FORTUNE -- Analyst day is one of the less exciting rituals in Silicon Valley. It usually involves updating a Powerpoint made for a recent investment conference, appending a question-and-answer session, and waving goodbye to investors as they walk out with the logo-ed tchotchkes destined for a wastebasket.
eBay's (EBAY) analyst day last Thursday, however was a notable exception. MOREApr 2, 2013 7:07 AM ET
John Donahoe tells Fortune that eBay's same-day shipping service could eventually serve everyone in the U.S.
FORTUNE -- Same-day shipping is inevitable, according to eBay CEO John Donahoe.
While eBay's (EBAY) same-day shipping program, eBay Now, may be available in just three U.S. cities -- with another two coming this summer -- Donahoe foresees a day when customers can get thousands of items from partners like Target (TGT), Home Depot (HD), and Urban Outfitters everywhere within MOREJP Mangalindan, Writer - Mar 29, 2013 1:19 PM ET
Benchmark's Bill Gurley has provided wise counsel to some of Silicon Valley's most successful entrepreneurs.
FORTUNE -- When Silicon Valley's smartest people want to get smarter, they often turn to Benchmark partner Bill Gurley. For instance, he recently advised Travis Kalanick, CEO of startup Uber, on a less expensive version of his rapidly growing limo service. Says Kalanick: "He really pushed us to lower the price so there's no room for MOREJessi Hempel, writer - Feb 11, 2013 5:00 AM ET
Supercharged by PayPal, the e-commerce company and its stock are red-hot. Watch out, Amazon!
FORTUNE -- "I'd like to take you on a journey." A group of 2,500 eBay employees is assembled at the San Jose Civic, a concert venue a few miles from company headquarters. Their boss, CEO John Donahoe, is onstage, asking them to reflect on their work. "Close your eyes," he urges in a deep baritone. "What is MOREJP Mangalindan, Writer - Feb 7, 2013 5:00 AM ET
Also: Why the Web of today is a big disappointment; Maker Studios tussles with its biggest YouTube star.
Mailbox for iPhone: a next-generation email app inspired by Sparrow and Clear [THE VERGE]
Whereas most Mail apps rely on buttons to archive, delete, and file emails for later, Mailbox relies on a simple and colorful set of swipes. "Email was designed 30 years ago for computers chained to desks," Underwood says. "Everything about it MOREJP Mangalindan, Writer - Dec 14, 2012 5:30 AM ET
Also: PayPal lays off hundreds; Steve Ballmer's new mission for Microsoft.
Inside Apple's major shakeup [FORTUNE]
Indeed, as Hurricane Sandy barreled toward the East Coast, a worsening storm embroiled Apple too. Suffice it to say that even as Apple's stock-market valuation has made the company the biggest in the world, these past few months haven't been Apple's finest. Little by little, mistakes that, taken in isolation, might have seemed trivial have added MOREJP Mangalindan, Writer - Oct 30, 2012 12:25 PM ET
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