E-Commerce Transactions Continue Boom

Share this article:
Internet commerce transactions have grown 35 percent for the first quarter of this year over the same period last year, with the value of electronic transactions now at $2.75 billion, according to research released this month from the Winterberry Group LLC, New York, an information provider to direct marketers and e-commerce companies.


The report revealed that venture capitalists make up 57 percent of activity compared with 30.2 percent retail.


The top ten deals by size of investment or acquisition price accounted for almost $1.2 billion of the $2.7 billion (44 percent) in e-commerce deal volume during the first quarter of this year. The largest transaction was America Online's purchase of offline consumer information service company MovieFone.
Share this article:
You must be a registered member of Direct Marketing News to post a comment.
close

Next Article in Digital Marketing

Follow us on Twitter @dmnews

Latest Jobs:

Featured Listings

More in Digital Marketing

How Amazon Ads Might Change the Game

How Amazon Ads Might Change the Game

Will the Great Recommender introduce "pretargeting" to the menu? Is it destined to become the King of Conversion? Or will its ad business simply settle in between Google's and Facebook's?

Less Than Half of Marketers Say the C-Suite "Gets" Digital

Less Than Half of Marketers Say the C-Suite ...

The long road to digital marketing leadership starts with organizational alignment, a study finds.

Candidates Hook Into Twitter

Candidates Hook Into Twitter

A digital agency for politicians puts the power of presidential electioneering into the hands of Congressional campaigns.