Tuesday, June 7, 2011

eBay "retail-as-a-service"

Online commerce will be sold as a cloud-based service if eBay creates a new "cloud commerce" platform-as-a-service for retailers, complete with an app-store fed by web developers. The company has bought shopping engine specialist Magento, and eBay already bought X.Commerce, an open-source platform group. The shopping giant had already owned 49 per cent of Magento, after it invested $22.5 million in March 2010.

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