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Announced

Google-backed Glance to acquire Shop101.

Synopsis

Google-backed Glance, a lock screen-based content discovery platform and owner of video platform, agreed to acquire Shop101, a full stack e-commerce platform. Financial terms were not disclosed. “As leaders in the mobile content space, both Glance and Roposo are disrupting the way users create, discover, and consume content, making them the preferred platforms for top celebrities and creators to connect with their audience. With the addition of Shop101, we aim to make these platforms the top shopping destinations for millions of users as well. With Shop101’s technology, partners and hugely talented team, we are in a great position to create this new form of mobile commerce at a global scale,” Piyush Shah, Glance President & COO.

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