Cyber Monday Amazon’s biggest shopping day ever. But still way behind Alibaba. What future the international Kindle stores?

Cyber Monday 2017 broke records in the US.¬†Amazon claimed it was even bigger than Prime Day, and it is believed to have accounted for over half of Black Friday’s online sales. Pretty good going from what is often termed the biggest e-commerce company on the planet. But by what definition? By market capitalisation Amazon comes Read More …

Tencent joins the half-trillion club, and look how close it is to Amazon…

On Tuesday Tencent, the Chinese e-commerce titan, leapfrogged Facebook to become the fifth most valuable company on the planet. China now holds two of the top six places in the world rankings for market capitalization, and while Apple is still too far ahead to be dislodged, both Tencent and Alibaba are within shouting distance of Read More …

Tencent’s China Literature IPO the biggest in a decade

When it comes to online literature, there are two global players that leave the rest in the dust. No, not Amazon and Apple. Amazon and Tencent. And while we can only guess at a valuation for the Kindle store, we now have a valuation for China Literature, the online reading arm of the Chinese e-commerce Read More …

The Future of Barnes & Noble. Part 1: Nook

Nook, by Barnes & Noble. But for how much longer? Over the weekend The Digital Reader ran an insightful post on the future of Nook, the ebook arm of America’s biggest bricks & mortar bookstore chain. “Len Riggio has just dashed the hopes of everyone who had been praying for a Nook turnaround.” Nate Hoffelder Read More …