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March 1, 2000 *3,400 subscribers* Volume 2, Issue 3
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PARTNERS & DEALS
ToC

  • CyberShop.com lets go of online retail assets

  • Epicurious.com dines with Dean & Deluca

  • Target spins off e-commerce group

  • Women.com quickly closes online clothing store

  • Polo Ralph Lauren and NBC Tackle Online Apparel

  • UPS Forms New E-Commerce Subsidiary

  • Kozmo.com Pays Starbucks $150 Million in Marketing Alliance

  • Amazon.com To Buy 5 Percent Of Audible

  • Columbia House Unveils E-C Strategy

  • Airline Site Angers Travel Agents

  • SBC to buy Sterling Commerce for $3.9 billion

  • NECX.com To Acquire Real World Electronics

  • Microsoft's Transpoint To Merge With CheckFree In $1B

  • E-Business Breakfast: Merger Madness

  • Toysrus.com receives $57 million Softbank investment

 

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CyberShop.com lets go of online retail assets

CyberShop.com, which earlier this month said it would abandon its Web retail business to become an incubator for Internet start-ups, today said it has agreed to sell its Electronics.net retail Web assets.

 

Epicurious.com dines with Dean & Deluca

Epicurious.com, the home of online magazines Gourmet and Bon Appetit, today signed an agreement to make Dean & Deluca its exclusive specialty foods retailer.

 

Target spins off e-commerce group

Target Corp. has formed a new Internet unit to manage the company's e-commerce and direct marketing operations.

 

Women.com quickly closes online clothing store

Women.com Networks has quietly closed its online store for women's clothing and accessories, just three months after launching the e-tail site.

  

Polo Ralph Lauren and NBC Tackle Online Apparel

Apparel giant Polo Ralph Lauren announced an agreement today with NBC affiliates ValueVision and NBCi to create a multimedia initiative that will center on its Polo.com Internet retailing site.

 

 UPS Forms New E-Commerce Subsidiary

United Parcel Service, Inc. announced today that it has formed a subsidiary that will perform back-end fulfillment functions for e-commerce companies

  

Kozmo.com Pays Starbucks $150 Million in Marketing Alliance

Kozmo.com, the pioneering online delivery service, Monday inked a joint marketing pact with Starbucks Coffee Co. under which the Internet start-up will pay Starbucks $150 million over the next five years for prominent placement in Starbucks shops.

 

 Amazon.com To Buy 5 Percent Of Audible

Online retailer Amazon.com will buy 5 percent of Audible, a provider of spoken-audio services for download and playback on computers and mobile devices, the companies said Monday.

 

Columbia House Unveils E-C Strategy

Mail-order music and video retailer The Columbia House Co. Monday announced a restructuring of its organization, in conjunction with its pending merger with CDNOW Inc.

 

 Airline Site Angers Travel Agents

U.S. travel agents Thursday formally requested a Justice Department review of plans by a consortium of major airlines to set up an Internet travel service, saying it would violate antitrust laws.

 

 SBC to buy Sterling Commerce for $3.9 billion

Moving into the lucrative business-to-business e-commerce market, SBC Communications today said it plans to acquire Sterling Commerce in a cash deal valued at $3.9 billion. San Antonio, Texas-based SBC said its acquisition of the business-to-business software provider will help bolster its offerings by adding another Internet-based product to its set of telecommunications services. In return, Sterling said it will gain larger distribution and sales channels, including a chance to target small and medium-sized businesses.

  

NECX.com To Acquire Real World Electronics

NECX.com, Peabody, a subsidiary of VerticalNet Inc., and Real World, a privately held electronics exchange, have been in discussions for the past three months and are expected to complete the transaction within 30 days, said Larry Marshall, president of NECX.com.

  

Microsoft's Transpoint To Merge With CheckFree In $1B

Deal Ownership interests in TransPoint, which is jointly owned by Microsoft, Citibank and First Data Corp., will be transferred to CheckFree in exchange for 17 million shares of CheckFree common stock, valued at $1 billion. When the definitive merger deal is complete, Microsoft, First Data and Citibank will own 23 percent of CheckFree.

 

 E-Business Breakfast: Merger Madness

US Interactive is acquiring SoftPlus Inc., a privately held e-solutions company.  Softplus' expertise in end-to-end technology frameworks, CRM and its global presence convinced US Interactive to pull the trigger on the deal, valued at approximately $300 million.


Toysrus.com receives $57 million Softbank investment

The online unit of Toys "R" Us is redoubling its Web efforts after Japan's Softbank plunked down a $57 million minority investment in the beleaguered toy e-tailer.

    


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