Reports: Wal-Mart Nabs Another Shopping App, Luvocracy

Luvocracy's website today. The firm is being purchased by @WalmartLabs.

@WalmartLabs, part of Wal-Mart Stores Inc.'s social media division, has acquired another shopping app, Luvocracy. Wal-Mart hasn't disclosed terms of the deal. Founded in 2011, Luvocracy has since been surpassed by Pinterest, another social shopping platform.

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