June 1, 1998

In News.com:

Wired Upgrades Shopping Area

Wired Digital tomorrow will launch an upgrade to the Shop Wired service on its HotBot search site. Dubbed the HotBot Shopping Directory, the service, powered by database firm Junglee, will allow users to search for items in 14 product categories--such as books, music, computer software, computer hardware, and travel...Wired Digital expects e-commerce to account for $20 million in revenue for the firm over the next three years. It will make up roughly 15 percent of revenues for 1998. Revenues for Wired Digital were $3.4 million in the first quarter of 1998, up 133 percent from the same period last year, spokesman Andrew de Vries said.