Facebook’s Acquisition of Karma Brings Mobile Commerce, App Monetization Prowess – TechCrunch

Facebook has just acquired mobile commerce startup Karma, which makes apps for gifting friends and family. The terms of the deal are undisclosed but 16 employees of the startup will be joining Facebook. The purchase will help Facebook build up monetization prowess on mobile platforms -- an area it'…

May 18, 2012 ... Facebook has just acquired mobile commerce startup Karma, which makes apps for gifting friends and family. The terms of the deal are ...

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