Intuit Confirms Purchase of Payvment After Shutting Down Its Commerce Platform

Payvment announced it was shutting down its Facebook commerce platform last night and handing over its customers to Ecwid, and today Intuit confirmed it is acquiring at least some of its employees. In a statement, the financial software provider said: “Intuit has acquired a team of highly skilled developers who will be of great value to the social teams at Intuit.” No other terms of the deal were disclosed. Meanwhile, Payvment’s social commerce platform and companion shopping site, Lish.com, will close as of March 1.


Latest Video

View all videos »

Search »

When AllThingsD began, we told readers we were aiming to present a fusion of new-media timeliness and energy with old-media standards for quality and ethics. And we hope you agree that we’ve done that.

— Kara Swisher and Walt Mossberg, in their farewell D post