Lockerz, Though Not Quite Dead, Raises $9 Million to Shift Focus to New Shopping Site Ador

A new beginning for the heavily funded Seattle startup.

eBay CEO John Donahoe on the Importance of Design

A one-on-one with the head of the massive e-commerce site.
John Donahoe

Mobile-Commerce App Wish Says It Knows What Its Users Want to Buy

And now it’s ready to prove it.

News Byte

Social Commerce Startup Chirpify Raises $2 Million

Chirpify, the Portland, Ore.-based startup that allows users of social networks like Twitter, Instagram and Facebook to pay for items inside a particular stream, has secured an additional $2 million in venture funding from Voyager Capital. This, along with capital from previous angel investors Andy Liu, Rudy Gadre, HootSuite CEO Ryan Holmes and others, brings the total amount of funds raised to $3.3 million.

American Express Cardholders Can Now Tweet to Buy

American Express has been using social networks to distribute offers for more than a year, but this marks the first time it is selling things.
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After Acquiring 15 Groupon Clones, CrowdSavings Finds a Buyer for Itself

The two companies merging today are responsible for 19 acquisitions combined in the daily deals space.

News Byte

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,, will close as of March 1.

Payvment Pulls the Plug on Facebook Commerce

Payvment’s service, which supports thousands of shops on Facebook, will close its doors March 1.

New Leap Commerce App Hoping to “Spark” Conversations About Shopping

Leap Commerce is attempting to build a question-and-answer service, similar to Quora, but for shopping.

On Cyber Monday, Mobile — Not Social — Takes All the Glory

There’s no contest: So far this season, mobile has generated 13 percent of online holiday sales, whereas, Facebook, YouTube and Twitter have contributed virtually zero.