EBay is acquiring a company that would position itself against Amazon to become an online mega-retailer. For $2.4 billion, the acquisition of GSI Commerce Inc. would provide eBay the ability to warehouse, fulfill and ship products from over 180 top brands and retailers. The deal will help attract business from those weary about auction-based purchases. Read the full article at WSJ.com
EBay Will Become Retailer
Author: Shelly Palmer
Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network's, Shelly Palmer Digital Living Daily, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment. He is Managing Director of Advanced Media Ventures Group, LLC an industry-leading advisory and business development firm and a member of the Executive Committee of the National Academy of Television Arts & Sciences (the organization that bestows the coveted Emmy® Awards).