Posts tagged “ChannelAdvisor”
Ecommerce services provider ChannelAdvisor's CEO David Spitz delivers a spirited pep talk to Wall Street analysts after the Triangle born-and-grown to IPO company grew revenues 21 percent in 2015. After a shift in focus to larger companies, a retooling of the firm's sales force and with an acquisition paying off, Spitz is very bullish entering 2016.
Veteran entrepreneur and now investor Scot Wingo talks with WRAL TechWire in an exclusive Q&A about trends, opportunities and obstacles he sees in the Triangle and across North Carolina. 2015 was a "strong year," he says, but more capital is needed to fund all the promising firms he sees growing and maturing toward possible success.
Twitter expanding tweets?; ChannelAdvisor lease; Networks-Dreamworks deal; Yahoo drops video hub; virus writer sentence
In today's Bulldog wrapup of technology news: Twitter may be expanding tweet length; ChannelAdvisor to pay $1 million to break lease; Networks expands its deal with DreamWorks; Yahoo is dropping a video hub; and a virus writer gets his sentence.
ChannelAdvisor promotes exec; iPhones cost more in Germany; payphones as WiFi hotspots; OpenAI launches
In today's Bulldog wrapup of technology news: ChannelAdvisor promotes a veteran exec; Apple ups iPhone prices in Germany; payphones as WiFi hotspots in New York; and 3 billionaires launch OpenAI to focus on artificial intelligence.
Sales data is clear: The holiday shopping season is gradually being taken over by online shoppers. And when you go inside those numbers, more and more of those Internet buyers are going mobile. So how do entrepreneurs, those wanting to grow their business and those already making big plays really cash in? WTW Insiders get advice from a successful ecommerce pioneer - Scot Wingo of ChannelAdvisor.
Market researchers comScore and Adobe both predicted record sales of some $3 billion on "Cyber Monday," and a New York-based firm that tracks ecommerce says online buying did smash the old mark. Adobe says sales hit $2.98 billion. Interestingly, social media was NOT a major factor. But mobile ordering was.
A friend of The Skinny could be seen sitting at the computer in suburban Wilmington on and off all day on Thanksgiving. But he wasn't streaming football. He was perusing for bargains - and finding them ahead of Black Friday mayhem. He was hardly alone as ecommerce services provider founder ChannelAdvisor's Scot Wingo reports. Turkey Day is now a huge shopping day.
It's Black Friday, and the odds are higher than ever that you will be using your charge cards to make purchases on mobile devices. No prediction. Fact. So says Scot Wingo, founder and executive chair of Morrisville-based ecommerce firm ChannelAdvisor.
Windsor Circle gets 'Smaht'; Verizon discount phones; ChannelAdvisor eyes Canada; $100M press release hack ring; FDA warns Kardashian
In today's Bulldog wrapup of science and technology news: Durham's Windsor Circle is rolling out new products; current Verizon customers can still get discount phones; ChannelAdvisor looks to expand sales to Canada with Newegg; hackers allegedly stole press releases to make $100M; and the FDA warns Kim Kardashian about her social media endorsements.
ChannelAdvisor CEO David Spitz says the ecommerce service provider's new strategy of focusing on "larger customers" while upping prices for smaller firms that "tend to go out of business with more frequency" is paying off.
Ecommerce services provider ChannelAdvisor is getting a new chief financial officer: Red Hat's Mark Cook. It's the second big management change for ChannelAdvisor since May. Meanwhile, the CFO who helped take ChannelAdvisor public is retiring.
Scot Wingo, founder and chair of ChannelAdvisor and a serial entrepreneur, provides an insider's guide to the Triangle startup community at ExitEvent, including a look at funding opportunities from early to late stage, the universities, mentors and angels, and more.
When cars fly; iTunes vs. music industry; ChannelAdvisor's new deal; Uber wins in NYC; who will lead Twitter?
In today's Bulldog wrapup of technology and life science news: A Polish company unveils a car-sized jet; it's Apple vs. music industry in royalty battle; ChannelAdvisor expands Amazon support; Uber scores a victory in New York City; and who will be the next CEO at Twitter?
Samsung's 'smart' push; Square 1 exec changes; ChannelAdvisor layoffs; honoring Sagan; liquid biopsies
In today's Bulldog wrapup of technology and life science news: Samsung launches a new push into "smart" devices; executive changes at Square 1 Bank; ChannelAdvisor confirms layoffs; honoring Carl Sagan; and new liquid biopsies could transform cancer treatment.
Scot Wingo, the co-founder and CEO of ChannelAdvisor, has resigned that post and has been replaced by Chief Operating Officer David Spitz. The news was disclosed Monday evening after ChannelAdvisor reported a first-quarter loss of $9 million and its stock traded at about one fifth the value they did just a year ago.
Autonomous car's 3,400 miles; Red Hat JBoss big data; Windsor Circle's new product; SciQuest partnership; ChannelAdvisor winners
In today's Bulldog wrapup: An autonomous car goes cross-country; Red Hat bolsters JBoss with more big data; Windsor Circle unveils new product; SciQuest forms a new partnership for transportation services; and ChannelAdvisor hands out awards at its annual showcase.
Apple's blowout quarter; ChannelAdvisor adds Jet; AT&T revenue up 4%; BDSI to relaunch pain drug; Snapchat's media deal
In today's Bulldog wrapup of technology and life science news: Apple reports a blowout quarter; ChannelAdvisor adds new service; AT&T grows revenue but books $4B loss; BDSI to relaunch pain treatment; Sanpchat to show media news.
Wall Street investors abandoned ChannelAdvisor shares in droves Tuesday after the Morrisville-based company announced it would miss earnings estimates. Several analysts cut ratings on the stock, which fell some 54 percent. Meanwhile, at least three law firms announce investigations. Jim Cramer of TheStreet.com and CNBC called the stock a "black hole."
ChannelAdvisor warns investors it will miss its revenue guidance for the fourth quarter, and the news triggers a huge sellout in the ecommerce service provider's stock. CEO Scot Wingo blames shift in business to large customers who receive discounts.
Scot Wingo not only runs ChannelAdvisor, which he took public, but also actively invests in startups. He hopes to help other entrepreneurs succeed as he has. But his latest move means offering even more formal advice . Wingo is the latest board member at South Carolina-based ZVerse.