FB: Intuit (INTU) has acquired the assets of...

1:49 PM Intuit (INTU) has acquired the assets of Payvment, a startup offering e-commerce infrastructure and ad-buying services to ~200K merchants relying on Facebook (FB). Payvment's customers have been transferred to rival Ecwid. Payvment's failure is raising fresh questions about Facebook's own ability to profit from e-commerce referral traffic. Though its Gifts product has seen some early uptake, skeptics argue Facebook's news feed (unlike Google searches) doesn't lend itself well to driving e-commerce activity. Read comments

Focus Articles on FB

• Facebook Is The Pick Of The Social Media IPO Litter by Peter Harengel
• Facebook's Brilliant $100 Billion Strategy by Jason Cimpl
• Monetizing Graph Search For Facebook And Local Corporation Investors by Michael Morhamus

Press Releases on FB

• Facebook to Announce Fourth Quarter and Fiscal 2012 Results (PR Newswire)
• Facebook Reports Third Quarter 2012 Results (PR Newswire)
• Facebook to Announce Third Quarter 2012 Results (PR Newswire)

Related Articles on FB

• Last Week In Global IPOs: IPOX-Linked ETF Extends Massive Rally - Global Deal Flow Strong by Josef Schuster
• VIX - Options Volatility And Market Sonar: Monday Recap by Erick McKitterick
• 5 Key Earnings Reports This Week by Bill Maurer

StockTalk on FB: FB StockTalk | Twitter FB | Twitter $FB | FB Instablogs

Recent Market Alerts on FB: All currents | Earnings | Dividends | M&A | On the move

Transcripts on FB

• Facebook's CEO Discusses Q3 2012 Earnings Results - Earnings Call Transcript
• Facebook Management Discusses Q2 2012 Results - Earnings Call Transcript

---

Why are you receiving this? You subscribed to real-time Market Currents alerts at Seeking Alpha.
If this email was forwarded to you and you wish to subscribe to this email, click here.

Manage your emails:
Get alerts on additional tickers and manage all your email alert choices here
I'm getting too many emails: manage your email alert choices
I'm no longer following FB: unsubscribe from all FB email alerts
This type of alert isn't helpful to me: unsubscribe from Market Currents (breaking news) alerts on FB

To ensure you receive these emails in the future, please add account@seekingalpha.com to your address book, contacts or list of safe senders.

Sent by Seeking Alpha, 345 7th Ave. Suite 1400 New York, NY 10001