Online shopping for holiday rose 13%

Holiday shopping online was strong right through Christmas, with consumers spending a record $30.8 billion for the season, according to a research firm report issued Wednesday.

Online sales for the 56 days ended Dec. 27 rose 13% from the same period in 2009, according to Reston, Va,-based comScore. There was a 17% year-over-year surge in the week that ended Dec. 26 -- the day after Christmas.

via money.cnn.com

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Amazon's Kindle 3 Sales Figures?

No matter how you estimate it, you seem to come up with the same number – so I feel confident in saying that Amazon has sold close to 8 million Kindle 3 devices in just the last year.

via beyond-black-friday.com

Posted via email from Zoid's reading the Wide Web

Amazon Says New Kindle is Its Top-Selling Product

Giant online retailer Amazon.com announced on Monday that the latest version of its popular Kindle E-reader has become the top-selling item in the company’s history — surpassing the previous champ, Harry Potter and the Deathly Hallows (Book 7).

On Christmas Day, Amazon said, more people activated new Kindles and bought more E-books than any other day in the company’s history. Kindle (Wi-Fi) and Kindle 3G devices were the best-selling products on Amazon this holiday season, the company said.

via wired.com

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Sara Lee Weighs São Paulo-based JBS Takeover

“In the latest example of cash-rich emerging-market companies seeking to snap up American business icons, Brazilian meat-processing giant JBS SA is pursuing a takeover of Sara Lee Corp., said people familiar with the matter.”

 

WSJ.COM

 

 

 

Bridgestone expects to cut rubber consumption

Bridgestone Corp., the world’s largest tiremaker, expects to cut rubber consumption by 50 percent in the next decade after prices more than quadrupled to a record from their 2008 low, BusinessWeek reports. 

Google wants Groupon and Amazon wants LivingSocial

"In a bold move that would mark Google Inc.'s biggest acquisition and a major push into local advertising, the Internet giant is in talks to buy local deals site Groupon Inc.", WSJ reports.

"The No. 2 player in the fast-growing social buying space – LivingSocial, is in advanced talks for a major strategic investment by online retail giant Amazon and others at a very hefty valuation of several billion dollars.", accoording to AllThingsDigital, web site.

Rice May Triple in 18 Months

Rice, the staple food of more than three billion people, may as much as triple in 18 months as flooding in exporters including Thailand tightens supplies and demand climbs, BusinessWeek reports.