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

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http://techcrunch.com – 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, going on to power the Facebook Marketplace. Oodle finally hit profitability and became cash flow positive last year, and today it’s punctuating that progress with an exit, as will be joining home shopping giant QVC. Oodle CEO Craig Donato said in a blog post today that the team has been increasingly focused on social commerce, and that &#822 (IT news)