Karma

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Facebook eyes more start-ups as mobile ad revenue soars

5:56PM | Thursday, 2 May 2013 |  Facbook’s growing mobile ad revenue has allowed it to purchase a number of exciting mobile-based start-ups. Here are three businesses that will help to power the social media giant’s future growth.

Facebook uses Karma acquisition to create “Gifts” feature

9:21PM | Friday, 28 September 2012 |  Facebook has rolled out a new feature called Gifts, allowing users to send each other real-life presents, believed to be the direct result of its acquisition of mCommerce start-up Karma.

Facebook’s disappointing IPO followed by good Karma

5:55PM | Monday, 21 May 2012 |  Facebook has acquired US-based mobile commerce start-up Karma for an undisclosed sum, after raising $US16 billion from its much-anticipated IPO, valuing the company at $US104 billion.
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