News this week: Alibaba.com’s U.S. e-commerce software solution subsidiary, Vendio Services, announced the acquisition of SingleFeed for an undisclosed fee. SingleFeed offers services that help online merchants to submit, manage, and optimise product listings on comparison shopping search engines such as Google Product Search and PriceGrabber. SingleFeed’s services will be offered to Vendio’s 250,000 merchants as well as sister company Auctiva, another U.S. subsidiary of Alibaba.com.
SingleFeed is reportedly backed by True Ventures, KPG Ventures, and NetService Ventures. Vendio itself was acquired by Alibaba.com in June 2010 – the Alibaba’s first acquisition in the U.S.
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