eBay Purchases The Gifts Project
Online retail giant eBay recently purchased Israeli start-up The Gifts Project in a deal reportedly worth over $20 million. The Gifts Project is a social gifting platform that powers eBay Group Gifts. The system integrates Facebook, eBay, and PayPal, allowing users to collaborate in all steps of the gift-giving process—from finding the perfect gift to delivering it to the recipient.
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