Spanish e-commerce: Grim or exciting? Which will it be?
Three weeks ago, Patricia Fernandez de Lis of El País, wrote a rather discouraging article on the state of E-commerce in Spain. Online sales “are stuck in Spain, where only 5% of the population buys on the internet.” The article stems from a recent study, eEspaña produced by the Auna Foundation, which paints a rather […]
Yahoo! Invests $1 Billion in China's Alibaba
Seems the battleground between the major search engines has shifted to China. Following Google’s interest in Baidu – that recently went public and whose stock is performing well – Yahoo has announced a billion dollar investment in Alibaba – a Chinese ecommerce site. The billion dollar’s gets Yahoo! a 40% stake in the company. A […]