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vipshop (nyse:vips) vs ibuy (asx:iby) , page-2

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    E-Commerce the way to go imo a huge growth business these numbers from story on techinasia

    In Financial Year 2012, Buy Together generated A$37.1 million in gross turnover, while Dealguru made A$32.5 million and Dealmates A$3.1 million. In aggregate, the total number of orders made through these businesses rose from 68,000 in 2010 to 1.46 million in 2012, or a multiple of 21. After deducting payments made to suppliers, total revenues for these three sites stood at A$20.8 million ($18.9 million) in 2011 and A$41.7 million ($38 million) in 2012. Turnover and revenue figures for this year are set to equal or surpass the previous year.

    http://www.techinasia.com/patrick-groves-ibuy-acquire-dealguru-raise-33-million-ipo-australia/
 
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