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On December 12, 2012, the court appointed receiver for Westmore entities filed an action against Robert Jennings [114] for return of investor funds. [115] In December 2011, film exhibitor Norman Adie pleaded guilty in U.S. Federal Court to running a Ponzi scheme in New York and Pennsylvania. [116]
This figure has been consistent for the last few years (ranging between 58% and 69%). Moreover, US respondents asked in the survey listed free shipping (54% mentions) as a most important factor for online shipping. Next in line were exclusive online deals (23%), no sales tax (10%), fast shipping (9%) and in store pickup (5%). [3]
The company received $100 million in Series C funding in December 2013. [22] Shopify earned $105 million in revenue in 2014, twice as much as it raised the previous year. [23] In February 2014, Shopify released "Shopify Plus" for large e-commerce businesses with access to additional features and support. [24]
An order-of-magnitude estimate of a variable, whose precise value is unknown, is an estimate rounded to the nearest power of ten. For example, an order-of-magnitude estimate for a variable between about 3 billion and 30 billion (such as the human population of the Earth) is 10 billion. To round a number to its nearest order of magnitude, one ...
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