# Prof. Anindya Ghose on e-commerce site Wanelo

1 Faculty News July 26, 2013 ![Fox Business logo](/sites/default/files/styles/246w/public/assets/images/con_031722.jpg?itok=a0Gxu60a)>

Excerpt from [Fox Business](http://smallbusiness.foxbusiness.com/entrepreneurs/2013/07/26/wanelo-next-verb-in-digital-dictionary/) -- "More than 60% of consumers are accessing the ecommerce world from their phones and tablets, according to [Anindya Ghose](http://www.stern.nyu.edu/faculty/bio/anindya-ghose), co-director of the Center for Business Analytics and professor at NYU Stern School of Business. ... 'Bargain shoppers will likely seek deals on third party sites, and a site like Wanelo reduces our search costs by letting people choose products for us,' Ghose says. 'Plus, its online community format satisfies the basic human need to socialize.'"

[Read more](http://smallbusiness.foxbusiness.com/entrepreneurs/2013/07/26/wanelo-next-verb-in-digital-dictionary/)