More E-acquisitions!

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Many more ventures are taking place all over the world. E-commerce portal Homeshop18.com has acquired online books retailer coinjoos.com to strengthen its position in books, music and movies segment. This acquisition will help HopeShop18.com to focus on the book business and tap the market using the technology and resources of the former. More companies are realizing how important it is to have a good online presence now and not just an online presence. More deals like these can be expected in the near future and for smaller companies who are looking to team up with other online players, it might be hard but there are other options for you. Getting other extensions with the company name or doing some specific marketing in certain regions with different domain name extensions could be a way to reach out to more people at the same time. If you cannot afford costly acquisitions, in the online business, there are always other options to expand.

Source: http://www.retailinasia.com

Image: Aidan Jones
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