QVC Acquires Social Classifieds Veteran Oodle To Help Power Its Social Commerce Evolution

Founded in 2005 by former Excite execs, Oodle quickly became one of the largest aggregators and search engines for classifieds on the Web. After some bumps and hiccups along the way, the company began to focus more on the social side of classifieds, and today powers the Facebook Marketplace. This shift led Oodle to hit profitability and become cash flow positive last year, and today it's topping that off by announcing that it is joining home shopping giant QVC.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/-cieUDX6twk/

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