Friday, May 4, 2012

Facebook Announces IPO Price Range & Top eCommerce Sites Honored at MarketLive Merchant Awards

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Daily Deal News for May 4th, 2012
Facebook Announces IPO Price Range

In early 2012, following years of rampant speculation about a possible IPO, Facebook confirmed that it would indeed, go public at some point during the second quarter of 2012.

With trading expected to commence on or around May 18th on the NASDAQ exchange under the trading symbol “FB,” Facebook is getting more attention from Wall Street than perhaps any other IPO-ready company has in recent memory.

The Facebook IPO represents the dramatic and somewhat emotional culmination of an eight year journey by Mark Zuckerberg, the Harvard drop out who became a social media billionaire in response to a small idea hatched in his now legendary dorm room. 

Facebook was not originally created to be a company,” Zuckerberg admitted upon filing papers to take Facebook public. “It was built to accomplish a social mission — to make the world more open and connected. We think a more open and connected world will help create a stronger economy with more authentic businesses that build better products and services.”

Raising The Bar

The high hopes for Facebook on Wall Street were met Thursday by a somewhat modest price range of $28 to $35 per share for its initial public offering. Some analysts, after all, believe the share price could surge...

Here's Why Chicago Could Be The New Hub For Social Commerce

Register now for Business Insider's Social Commerce Summit conference on June 7, 2012 in Chicago!

Chicago's entrepreneurs may be poised to score an increasing share of the roughly $400 billion monthly US retail sector. To wit: venture capital investment increased by about 450% from 2010 to 2011, according to Built in Chicago. In that time, more than 25 e-commerce companies in the Windy City scored funding. Last fall, in a vote of public-market confidence, the market rewarded social-coupon giant Groupon with the second-biggest IPO in tech history, at a whopping $12.5 billion. That minted plenty of new millionaires, soon to be angel investors with particular expertise in social, local commerce. 

Attend Social Commerce Summit on June 7, 2012 to meet:
- Alexis Maybank, Founder & CMO, Gilt
- Cam Balzer, CMO, Threadless
- Julie Smolyansky, President & CEO, Lifeway Foods
- Jonathan Teo, Managing Director, General Catalyst Partners

You can hear directly from these innovators plus many more at Business Insider's Social Commerce Summit!  Register here and use code "getsocial" to save 25%!

We look forward to seeing you on June 7, 2012 in Chicago!


Top eCommerce Sites Honored at MarketLive Merchant Awards

Not all of the coolest award shows are attended by George Clooney, hosted by Ricky Gervais, and broadcast on national television. This week, for example, MarketLive rolled out the proverbial red carpet for the biggest and fastest rising stars in the world of eCommerce.

And although Brad and Angie weren’t on the guest list, it was an epic gala that won’t soon be forgotten by its participants, award winners, and the multitude of attendees who soaked up a learning experience of a lifetime.

Celebrating The Best of eCommerce

MarketLive – a well-known provider of eCommerce software and solutions – held its fourth annual MarketLive Merchant Awards last night, where the best performing eCommerce sites across several categories were honored and celebrated among an industry of peers.

If course, when it comes to understanding what it takes to drive a successful eCommerce enterprise, MarketLive is anything but a lightweight. Today, the company powers the retail eCommerce sites of such brand titans as Armani, Party City, Perricone MD, Sports Chalet, Sundance, Helzberg, John Deere, Beach Body, Title Nine, Intermix and others.



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