...America Online Inc. and Amazon.com Inc. held the first two spots for most online transactions...
NextCard Releases Index That Ranks E-Commerce Sites, WSJ Says
San Francisco, Aug. 23 (Bloomberg) -- NextCard Inc., the Internet credit-card company, will release a new index based on transactions made by its 100,000 cardholders, offering some of the first hard data about how consumers spend money online, the Wall Street Journal reported. The index, which will be available on the company's Web site, lists the top 25 sites -- out of about 3,000 overall -- by the number of NextCard cardholder transactions each month. For May, June and July, America Online Inc. and Amazon.com Inc. held the first two spots for most online transactions, with Onsale Inc., CDNow Inc. and Buy.com switching among third and fifth place during the next three months, the paper said.
Earlier this month, NextCard said it agreed to buy Textron National Bank for an undisclosed amount, allowing the online credit card issuer to take in deposits to fund its loans, and cut its borrowing costs
quote.bloomberg.com |
