Retail giant Wal-Mart has paid $US300 million to acquire a social media platform builder, as it looks to boost its social and mobile eCommerce offerings, All Things Digital reports.
According to the report, the price for Kosmix is considered a full one.
Kosmix, which has built a social media platform that organises content by topic, is six years old.
It recently raised $US55 million from a large group of Silivon Valley venture firms.
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