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Is Dot.Com Hype Over?

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Palo Alto CA, USA (18 January) – According to a study from Webmergers.com a total of 210 US internet companies went out of business in the year 2000 losing capital amounting to US$ 1.5 billion and costing 15,000 jobs. 60 percent of the internet-“washouts” went out of business in the fourth quarter of last year […]

Palo Alto CA, USA (18 January) – According to a study from Webmergers.com a total of 210 US internet companies went out of business in the year 2000 losing capital amounting to US$ 1.5 billion and costing 15,000 jobs. 60 percent of the internet-“washouts” went out of business in the fourth quarter of last year and more than half of these were involved in e-commerce. Nevertheless “e-commerce and especially B2C-business isn’t dead”, claims an article in the German newspaper Süddeutsche Zeitung. In the US larger B2C “dot.com’s” like Amazon (the book and budding virtual department store) and outdoor-giant REI (whose inventory includes bicycle products) are doing increasing sales.(JB)

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