Facebook acquires gifting platform Karma

Facebook acquires gifting platform Karma

Facebook has not slowed down their acquisitions even though they just launched their IPO.

The social networking giant has now acquired Karma.

Karma spoke about the acquisition:

We’re thrilled to announce that Karma has been acquired by Facebook. The service that Karma provides will continue to operate in full force. By combining the incredible passion of our community with Facebook’s platform we can delight users in new and meaningful ways. As we say … only good things will follow.

Simply put, together we can celebrate life’s important moments in ways we could not before. A word of heartfelt thanks to our partners, customers, and our incredible team for helping us share Karma with so many people.

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