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SK Telecom invests $4.7 million in Twitter-based shopping service IMshopping

By: , IntoMobile
Wednesday, May 6th, 2009 at 11:13 PM

IMshopping

We know SK Telecom has prepared tons of money for growth, but we haven’t expected this kind of an investment. Rather, we though they’ll strictly focus on mobile services, rather than on, let’s say, mashups.

Whatever the reasoning behind their move is, we’re now seeing them investing $4.7 million in Series A round of funding in Twitter-based shopping service – IMshopping. That said, I’ve no doubts they expect to see the company releasing the full blown mobile client, or simply allow users to follow their activities on any Twitter client.

As for IMshopping, it’s the first human-assisted shopping website and Twitter shopping service, “where knowledgeable shopping guides respond to product questions and provide personalized recommendations for users.” You can find out more about the service from their website

We’ll certainly watch carefully where this SK Telecom’s investment goes. Stay tuned.

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About The Author

Dusan Belic

Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.

  • marina

    Good to hear that SK Telecom is investing on one of my favourite online shopping site ie IM shopping,really good news :)