Tag Archives: Fab.com
STUDY: How Facebook Is Helping E-Commerce Startups

Social media powerhouse Facebook.com initially started out as a way to stay in touch with friends, but as the company started collecting more data, they have found ways to help e-commerce companies capitalize on their platform. So much so that analysts are predicting that Facebook could make as much of an impact on the e-commerce industry as companies like eBay and Amazon.com. The term of e-commerce on Facebook is “f-commerce.”
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Fab.com Acquires German Company Casacanda

Fab.com has acquired German-based Casacanda in an all-stock deal valued at about $10 million. Fab.com CEO Jason Goldberg said that the acquisition will be closed on Monday. Even though the e-commerce market is not as big as it is in Europe as it is in the U.S., Goldberg believes the deal is still solid because of the strong German economy and because Germans have a strong sense of design.
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Fab.com Acquires Retail Startup FashionStake

Fab.com, a design-focused daily e-mail deals website, has acquired FashionStake, a two year old retail startup company that was funded by Battery Ventures. FashionStake founders Daniel Gulati and Vivian Weng will become Fab.com’s heads of expanding fashion division. After the acquisition is complete, FashionStake will cease their operations.
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Fab.com Raises $40 Million, Now Valued At Over $200 Million

When Fab.com originally started, it was a social network for the LGBT community. Now the website is a flash sale website with 72-hour deals. The company has just raised $40 million in funding from Andreessen Horowitz and is now valued at over $200 million. It was only about 6 months ago since Fab.com switched from being a gay social network.
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