The search giant plans to go after Amazon in an effort to beef up product search and e-commerce offerings. Google's first target: groceries.
The e-retail store will offer everything from fashion to tech to jewelry, according to a new report.
PayPal's president defends the digital payment provider's place at the forefront of mobile commerce while quipping he welcomes competition too.
eBay says former Apple e-commerce chief RJ Pittman will be its new chief product officer.
Retail e-commerce sales will be up 15 percent this year, and mobile shoppers will drive a hefty portion of that growth, eMarketer says.
The tech giant acquires the "one-stop-shop of e-commerce services" and plans to keep the startup's products and initiatives up and running.
Google has signed an agreement to acquire the company for cash and expects the deal to close in the first quarter.
As part of the move, Jeff Huber, head of the combined operation, will be moved to the Google X team.
Silicon Valley all-star Max Levchin launches Affirm, a startup focusing on making one-click payments from smartphones.
Worldwide sales reached the milestone in 2012. New data from eMarketer estimates that e-commerce sales will grow to $1.3 trillion this year.