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	<title>Ecommerce World</title>
	<link>http://ecommerceworld.com.au</link>
	<description>Insights into the Australian ecommerce industry</description>
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		<title>CatchOfTheDay, Scoopon completes largest growth capital investment in Australian e-commerce sector</title>
		<description><![CDATA[Australia’s number one online retailing group, CatchOfTheDay, which operates leading e-commerce sites CatchOfTheDay.com.au and Scoopon.com.au, has closed an investment for a minority stake in the company from New York-based Tiger Global Management and a group of leading Australian businessmen including James Packer’s Consolidated Press Holdings (CPH), Andrew Bassat, co-founder and CEO of Seek and Glenn Poswell founder of Gannet Capital.
The founders of CatchOfTheDay, Gabby and Hezi Leibovich, will retain a controlling stake in the group businesses, with Lee Fixel from Tiger Global and Jason Lenga from Seek joining the board.
The ...]]></description>
		<link>http://ecommerceworld.com.au/online-retail/catchoftheday-scoopon-completes-largest-growth-capital-investment-in-australian-e-commerce-sector</link>
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		<title>DealsDirect sells stake to Ellerston Capital</title>
		<description><![CDATA[SmartCompany today reported James Packer-backed fund, Ellerston Capital has invested an estimated $10M in DealsDirect.
&#8220;Maybe we&#8217;ve got Gerry to thank again,&#8221; co-founder Paul Greenberg told SmartCompany.
Read the full article on SmartCompany.
]]></description>
		<link>http://ecommerceworld.com.au/online-retail/dealsdirect-sells-stake-to-ellerston-capital</link>
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		<title>eBay Inc. To Acquire GSI Commerce</title>
		<description><![CDATA[eBay Inc. (NASDAQ: EBAY) announced today that it has agreed to acquire GSI Commerce (NASDAQ: GSIC), a leading provider of ecommerce and interactive marketing services, for $29.25 a share, or total consideration of approximately $2.4 billion. The acquisition, which will be financed with cash and debt, is expected to close in the third quarter of 2011.
The merger consideration represents a 51 percent premium over GSI’s March 25, 2011, closing price and a 47 percent premium over the average closing price of GSI Commerce common stock over the 30 trading days ...]]></description>
		<link>http://ecommerceworld.com.au/headline/ebay-inc-to-acquire-gsi-commerce</link>
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		<title>PayPal announces partnership with Facebook and FT.com</title>
		<description><![CDATA[PayPal today announced the upcoming availability of PayPal for digital goods, a new in-context, frictionless payment solution that lets consumers pay for digital goods and content in as little as two clicks, without ever having to leave a publisher’s game, news, music, video or media site. The online equivalent of dropping a quarter in the slot to buy a newspaper or play a video game, PayPal’s new solution solves a key problem for the digital goods industry by offering a faster, safer and more cost-effective way to send and receive ...]]></description>
		<link>http://ecommerceworld.com.au/technology/payments/paypal-announces-partnership-with-facebook-and-ft-com</link>
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		<title>News Limited Launches Foxtix</title>
		<description><![CDATA[News Limited’s chairman and chief executive John Hartigan today announced the launch of a new national ticketing service &#8211; Foxtix &#8211;  which will take on the Ticketek/Ticketmaster duopoly with an aggressive entry into mainstream major event ticketing.
“This new venture will provide ticket buyers, venues and event promoters with a more powerful option than they are getting now and will open up new marketing opportunities for major events across News Limited’s network of newspapers and websites,” Hartigan said.
Foxtix will work closely with News Limited’s media platforms to provide promoters and ...]]></description>
		<link>http://ecommerceworld.com.au/online-retail/news-limited-launches-foxtix</link>
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		<title>Getprice to offer comparison shopping for CHOICE readers</title>
		<description><![CDATA[From smart phone applications to everyday appliances, more than a thousand products are road tested by CHOICE every year.
Now CHOICE&#8217;S members and visitors will be able to purchase those  products online armed with the best prices from the most suitable  retailers.
The consumer group has announced it is teaming up with leading  comparison shopping site Getprice in a partnership that will provide  price information about a range of products with an option to purchase.
&#8220;This partnership with Getprice will provide members and visitors a  channel to instantly ...]]></description>
		<link>http://ecommerceworld.com.au/marketing/getprice-to-offer-comparison-shopping-for-choice-readers</link>
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		<title>Yahoo!7 and Getprice Announce Partnership</title>
		<description><![CDATA[Online media company Yahoo!7 and Australia’s leading online  comparison shopping destination Getprice have today joined forces to  create a new online comparison shopping initiative &#8211; Yahoo!7 Shopping.
Through its partnership with Getprice, Yahoo!7 furthers its goal of partnering with industry leaders and innovators.
The new destination will be available on the Yahoo!7 Network and will  provide independent price comparisons for over 2.4 million products  from 1000 merchants in 500 individual categories.
The site will also fully integrate with Yahoo!7 Answers. Each time a  visitor searches for a product ...]]></description>
		<link>http://ecommerceworld.com.au/marketing/yahoo7-and-getprice-announce-partnership</link>
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		<title>1300 FLOWERS acquires Fast Flowers Group</title>
		<description><![CDATA[Australian flower retailer 1300 FLOWERS today announces the friendly acquisition of the privately held Fast Flowers Group. The acquisition further cements 1300 FLOWERS’ position as one of Australia’s leading floral retailers.
1300 FLOWERS&#8217; chairman Jack Singleton says he is &#8220;delighted by the transaction that brings Fast Flowers under the 1300 FLOWERS umbrella. Fast Flowers has strong brand recognition and has grown to become an industry leader over the last decade. This is testament to the abilities of CEO Jonathan Barouch and his management team&#8221;.
1300 FLOWERS will take operational control of the ...]]></description>
		<link>http://ecommerceworld.com.au/online-retail/multi-channel-online-retail/1300-flowers-acquires-fast-flowers-group</link>
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		<title>Myer looks to fuel sales growth online</title>
		<description><![CDATA[In a recent interview on ABC&#8217;s Inside Business, Myer CEO, Bernie Brookes comments that online sales would be &#8220;one of our three or four big drivers&#8221; of growth.
&#8220;For us it&#8217;s very profitable for the simple reason that you get no cost  of fulfilment, you only get the cost of freight. So this can be an  enormous opportunity for us going forward, but we&#8217;ll move along with the  customers.&#8221;
Click here to read the full interview transcript.
]]></description>
		<link>http://ecommerceworld.com.au/online-retail/multi-channel-online-retail/myer-looks-to-fuel-sales-growth-online</link>
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		<title>$12 Billion Australian Consumer eCommerce Market Underdeveloped and Lags US and UK by Three Years</title>
		<description><![CDATA[Consumer domestic online spending accounts for only 3% of total retail sales
SYDNEY, 20 July 2010 &#8211; Australia&#8217;s consumer eCommerce market is underdeveloped, lagging both the US and UK markets by approximately three years according to the latest eCommerce analysis issued by consulting company, Frost &#38; Sullivan. Online retail consumer spending in Australia in 2010 is expected to account for approximately five per cent of total retail sales, however if spending on overseas sites is excluded, this drops to around three per cent. In contrast, online as a percentage of total ...]]></description>
		<link>http://ecommerceworld.com.au/online-retail/12-billion-australian-consumer-ecommerce-market-underdeveloped-and-lags-us-and-uk-by-three-years</link>
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