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:
close

Next Article in Digital Marketing

Follow us on Twitter @dmnews

Latest Jobs:

Featured Listings

More in Digital Marketing

Sony Brings Data to Outdoor Advertising

Sony Brings Data to Outdoor Advertising

Norwegian moviegoers got front-row seats when Sony took dynamic digital ads off the Web and into theaters.

Ramp Introduces Video Platform for Marketers

Ramp Introduces Video Platform for Marketers

The cloud-based platform syncs with marketing automation and capitalizes on user behavior to extend view times.

CMOs Who Take Charge of Digital Make More Money

CMOs Who Take Charge of Digital Make More ...

Chief marketers who usurp the CDO role earn the board's respect, as well as base salaries of $500,000 and up, says a new study.