Vendio Announces Record Growth in 2006
eCommerce management provider Vendio Services has reported a year of record financial results, with 89% revenue growth, and earnings up 127%.
Vendio acquired competitor Andale in November 2006, which had been a difficult year for Andale following the end of its contract with eBay to provide auction counters in June and eBay withdrawing their access to eBay Checkout Redirect during the critical Christmas 2005 shopping season. Vendio also invested in the Dealio comparison shopping toolbar during the year.
Vendio's plans for 2007 include further expanding the Dealio Toolbar, consolidating areas of overlap between Andale and Vendio platforms, expanding their widget directory Widgipedia, and acquiring businesses offering complementary products and services.