BOBS your uncle
Espying a Web-enabled market for what it is coining "buyer-to-seller" e-commerce, a startup by the name of BOBS.com.au has set up a "neutral, anonymous and efficient marketplace of Internet buyers and sellers". BOBS, which stands for Bid Offer Buy Sell, combines the characteristics of both online shopping and auction sites.
Sellers on the site are expected to be mainly retailers but it is the buyers who drive the commerce as they will post "wanted" messages for particular products to which sellers will have 24 hours to respond with a price and fulfilment offer.
To keep the whole exchange interactive, sellers will benefit from being able to propose alternative supply solutions from the posted request. The buyer then has a 24-hour period to pass or accept the bid with each party only revealed to each other after the deal has been finalised. The anonymous buyers and sellers both have the option to nominate organisations they don't want to do business with. The company is now planning a secondary round of funding which it hopes will raise $10 million and an IPO is planned "within 12 months" to raise funds for a push into international markets.www.bobs.com.auBartering 'em upCompleting a commitment leading up to its pending ASX IPO later this month, B2B portal Bartercard has launched an Internet shopping mall. The company claims to be "the world's largest B2B trade exchange" and uses an electronic marketplace for cashless barter transactions. Bartercard expects to be the first trade exchange in the world to list on a stock exchange using trade dollars for a portion of the offer. The company hopes to raise $20 million.e-business alliance targets aviationGlobal players IBM, Intentia, Siebel and Mercury have formed a strategic relationship to develop better e-commerce systems for some of their respective clients in the aviation industry. Solutions developed for aviation industry functions such as e-ticketing, Internet seating auctions, customer service, aircraft maintenance, repair and overhaul, crew scheduling and other essential airline services will be given overhauls by the big four.
The intention is for the alliance to leverage each of the companies' strengths so as to "develop and market a comprehensive set of integrated e-business airline applications and services", according to an Intentia press statement.