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Wednesday, July 30, 2014

Walmart Labs Buys Luvocracy

In RetailWire:  " ... Yesterday, Walmart Labs announced it had acquired Luvocracy, an online community that helps members find products based on the recommendations of family, friends and other influencers. Members can then make purchases without leaving the site. What makes this Walmart Labs' purchase different is that it promptly shut down Luvocracy to the public after the deal was announced (terms of which not made public). ... " 

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