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April 18, 2011 09:21 pm GMT
Walmart this morning said it is buying Mountain View-based Kosmix, a heavily funded social media technology provider that has built a platform that enables users to filter and organize content in social networks, in order to connect people with information that matters to them, in realtime.What is the retailing juggernaut doing picking up a social media startup, which has raised $55 million in funding from a slew of investors over the past few years?
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/TBrnEAXCYEM/
Walmart Ventures Into The Social Media Space With Acquisition Of Kosmix
Walmart this morning said it is buying Mountain View-based Kosmix, a heavily funded social media technology provider that has built a platform that enables users to filter and organize content in social networks, in order to connect people with information that matters to them, in realtime.What is the retailing juggernaut doing picking up a social media startup, which has raised $55 million in funding from a slew of investors over the past few years?Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/TBrnEAXCYEM/
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