eBay Acquires Location-Based Media And Advertising Company WHERE

eBay has acquired location-based media company Where.com, the ecommerce giant tells us. Financial terms of the deal were not disclosed and the acquisition is expected to close during the second quarter of 2011. Where, which has raised nearly $20 million in funding, builds location-based mobile apps across every major mobile device platform?including Android, iPhone, and Blackberry?and boasts about 4 million active users a month. The apps show local listings for restaurants, bars, merchants, and events, and also suggests places and deals for you based on your location and past behavior. Last year, Where acquired daily deals site Local Ginger, which is now WhereBuys.

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