Just months after Germany’s notorious Samwer brothers courted controversy by cloning design sales site Fab.com, they are about to close their copycat site, Bamarang, down — folding it into its more successful stablemate, WestWing. Read more »
Sometimes investors bring a lot more than cash to the table, and Summit Partners – which just led a $50m round for the home deco shopping club Westwing – has a lot of relevant experience to offer from its history with Vente Privee. Read more »
Hyperlocal mobile advertising is at a critical juncture: Leading analysts predict that mobile ad spending will increase by more than five times between 2011 and 2015. But what are the forces at play, and how effective are HyLoMo ads? Read more at GigaOM Pro »
With Russia recently becoming Europe’s biggest internet market, retailers are fighting over who can dominate proceedings. Now flash sales site KupiVIP is pumping $50m into online shopping rival Shoptime to try and crack the nascent market. Read more »
Monoqi, the European competitor to design flash sales site Fab.com, launches this week. What makes it different? CEO Simon Fabich says it’s a “curated design platform” that sports a less commercial taste than its American rival. Read more »
Design shopping site Fab.com is taking a big step toward becoming the Amazon of design with the introduction of five weekly specialty shops for categories like fashion, pets and food that will more than triple the number of products Fab offers at any given time. Read more »
The fourth quarter may have lacked a dominating big-event product announcement like Q3’s Facebook platform extension or Q2’s unveiling of Google+, but the NewNet world continued to buzz along. In the battle for mind share, everyone wanted to be a platform. Meanwhile, consumer and social technologies continued to gain momentum, and new vehicles for content and service discovery presented both challenges and opportunities for NewNet companies. And it is hard to ignore the overcrowded but growing world of daily deals. This quarterly report analyzes these trends and others, and it also provides a near-term outlook of trends, technologies and companies to watch in 2012. Companies mentioned in the report include Amazon, Facebook and Socialcast. For a full list of companies, and to read the full report, sign up for a free trial. Read more at GigaOM Pro »
Online design store Fab.com is just seven months old, but it’s showing all kinds of momentum, racking up 1.65 million users and 750,000 items sold so far. Now, the company is making its first acquisition, buying up FashionStake, an online marketplace for independent fashion. Read more »
It’s been a big part of the Internet picture for well over a decade, but right now e-commerce is really hitting its stride, according to a new report out of CB Insights and the BizTech@Wharton Conference. M&A activity is surging and investment dollars are growing steadily. Read more »
Design flash sales site Fab.com has been on a tear in its first three months, racking up 600,000 users in 12 weeks. Now the company is trying to kick-start the idea of online pop-up stores with a new series of limited-time retail shops inside of Fab.com. Read more »
Fab.com, which began as Fabulis, a gay social networking site, has managed to find success by pushing a funky curated catalog of unique design products and trying to be as social as it can. The startup is now revamping a core feature called its inspiration wall. Read more »
