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Tea firm hopes exports will bring national success

Friday 18 April 2014 - 10:12
Tea firm hopes exports will bring national success

A tea merchant based near Paisley in Scotland is in the running for a national business award, thanks partly to its success as an online-only business.

Jenier Teas was set up in 2009 and prides itself on stocking a wider range of teas, pyramid tea bags and tea accessories than many competitors.

It is now trading in many countries online, including Australia, Norway, Turkey, and even traditional tea-producing nations such as India and Kenya.

Jenier Te ...read more

Mistrust of Bitcoins barrier to wider use

Friday 18 April 2014 - 09:01
Mistrust of Bitcoins barrier to wider use

Most British consumers wouldn't use virtual online currency Bitcoin to pay for online purchases, a survey has suggested.

The poll, by e-commerce solutions company Venda, also suggested that nearly half of those questioned don't trust the digital currency, perhaps heavily influenced by stories of its fluctuating value in online exchanges.

Venda group CEO, Eric Abensur, says there is a "fundamental mistrust" ...read more

Online sales still rising – but Easter warps figures

Thursday 17 April 2014 - 12:50
Online sales still rising – but Easter warps figures

Sales of all goods over the internet are continuing to grow healthily, and were up by 12.8 per cent in March compared with a year earlier.

The British Retail Consortium (BRC)'s monthly sales figures, released yesterday, revealed that, without the contribution of online sales, total retail sales of non-food items would have dropped over the month.

But the BRC's director-general, Helen Dickinson, said that an average growth in sal ...read more

Rare copy of first Beano comic up on eBay

Celebrity  |  eBay
Thursday 17 April 2014 - 12:48
Rare copy of first Beano comic up on eBay

A copy of the first issue of famous comic The Beano is being offered on eBay – with a starting price just shy of £3,500.

When it was published in 1938, the comic would have cost the equivalent of £0.02. The 28-page issue features a full colour front cover, and included a 'whoopee mask' giveaway – although this isn't included in the one being sold.

Although that debut issue sold more than 440,000 copies, a m ...read more

eBay's Donahoe speaks of progress six years on

Wednesday 16 April 2014 - 12:23
eBay's Donahoe speaks of progress six years on

He attracted considerable vitriol within months of taking on the job, including a video on YouTube likening him to a Nazi concentration camp guard.

But as the sixth anniversary of his appointment approaches, eBay chief executive John Donahoe has spoken of his ups and downs in the post, in which he has overseen a massive transformation in what remains the world's biggest online marketplace.

Prime among these has been a shift from focusing on ...read more

Alibaba reported on track for share sale

Wednesday 16 April 2014 - 12:21
Alibaba reported on track for share sale

China's biggest e-commerce company, Alibaba, has given a timely boost to would-be investors, by announcing that sales surged by two-thirds in the last quarter of 2013.

The company, which has been preparing for a public share sale, is expected to publish its prospectus for the sale early next week, according to Reuters news agency, which says the share offer "is the most highly anticipated of what's expected to be a record year for US tech debuts".

The latest sa ...read more

PayPal to give UK buyers digital purchase protection

Tuesday 15 April 2014 - 11:40
PayPal to give UK buyers digital purchase protection

Valuable extra protection is to be offered by eBay's online payments arm PayPal, which means buyers of 'intangible' items, such as digital downloads and travel tickets, will be able to claim reimbursement if the goods are not received or not as described by the seller.

The extension of the cover, which is likely to be welcomed by the ever-growing number of buyers of virtual products, doesn't come into effect until 17 June, however.

At the same time, PayPal will extend the time limit during which buyers can open a claim against a vendor from 45 days to 180, whic ...read more

Britons to spend £8bn via mobile this year

Tuesday 15 April 2014 - 09:47
Britons to spend £8bn via mobile this year

Buying using mobile devices is set to really take off among Britons this year, with a Centre for Retail Research study estimating that spending will top £8billion in the UK this year.

This makes Britons the biggest spenders via smartphones and tablets in the whole of Europe, where the amount spent on such devices as a whole is forecast to hit £19.8billion.

That would represent a near-doubling of spending by these means in just a year.

Giulio Montemagno, senior vice-president ...read more

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