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Daily Tidbits: Amazon isn't alone in its success
LightInTheBox.com, a China-based global online distribution company that competes with Amazon.com, announced Wednesday that it too witnessed record holiday sales over the past month. According to the company, it tripled its fourth-quarter sales over last year. LightInTheBox would not divulge any more financial information, but its executives were quick to note that Amazon's increase--16 percent--was substantially lower than that of their own company. Regardless, Amazon is still a much larger company.
Angelsoft, a service that connects venture capitalists with entrepreneurs, has released a software update and has decided to open its service to angel investors. … Read more
