News

Failed online grocer Webvan Group Inc. careened into bankruptcy court yesterday, listing $1.2 billion in assets and $106 million in debts. Webvan, based in Foster City, filed its Chapter 11 ...
The latest Webvan suit, which was filed in U.S. District Court for the Southern District of New York, is being waged by the Bala Cynwyd, Pennsylvania-based law firm Schiffrin & Barroway.The complaint ...
Webvan's problems may have been compounded by the shifting demands of Wall Street. When Webvan went public in November 1999, investors demanded that it build its customer base at any price.
The defunct online grocer has $25 million to spread among creditors. But that's only a fraction of the $1.2 billion that investors sank into the company.
Webvan is running out of gas and may sputter into the dot-com junkyard by the end of the... Webvan Near Collapse, Auditor Says SF Gate Logo Hearst Newspapers Logo ...
Webvan investors OK reverse stock split ... Calif.--Webvan shareholders voted Friday to implement a 25-to-1 reverse stock split in hopes of keeping the company's shares listed on the Nasdaq Stock ...
When contacted by the E-Commerce Times, Bernstein Liebhard & Lifshitz spokesperson Linda Flood said she had no comment on the case and would not identify the Webvan officers and directors named in the ...
Hordes of fans, from harried yuppies to the elderly, are lamenting the fact that they will have to return to their old way of grocery shopping.
FOSTER CITY, Calif. (CBS.MW) -- Webvan and HomeGrocer said Monday they’re merging in a $1.2 billion deal amid lean times for the two e-commerce players. The companies say the deal will create a ...
Webvan Group Inc. agreed to acquire rival HomeGrocer.com Inc. for $1.09 billion in stock, showing just how far the consolidation among Web companies has spread as capital gets harder to find. The ...