February 19, 2008
Overstock, ChannelAdvisor Extend Deal
RESEARCH TRIANGLE PARK, N.C. - Overstock.com Inc. and ChannelAdvisor Corp. extended a strategic alliance that lets online retailers list their goods and process orders through a single interface on Overstock's site, ChannelAdvisor said Tuesday.ChannelAdvisor said the agreement is lengthened through August 2011. The deal pertains to the integration of ChannelAdvisor's ChannelAdvisor Complete product with Overstock.com.ChannelAdvisor also said it will waive all ChannelAdvisor fees related to selling through the online retailer's site through the end of August 2011.Overstock shares rose 45 cents, or 4.1 percent, to $11.55 in morning trading. In the past year, the stock has traded between $8.90 and $39.99.