Facebook acquired customer service startup Kustomer for a reported $1 billion to foray further into e-commerce.
Kustomer will boost Facebook's nascent messaging business, which is including customer-service products that helps interaction via chat apps, like WhatsApp and Messenger.
The New York-based Kustomer specializes in customer-service platforms and chatbots. It aggregates customer conversations from various channels into a single-screen and automates responses to buyers.
Kustomer already services Facebook Messenger and Instagram.
The social media giant said the deal will be completed pending regulatory approval.
Facebook had earlier launched Shops, which allows businesses to display and sell products across its platforms.


China’s Ultra-Cheap EV Boom: Why Electric Cars Cost Far Less Than in the U.S.
Supreme Court Asked to Reinstate Mail-Order Access to Abortion Pill Mifepristone
Samsung Reports Record Profit as AI Boom Drives Memory Chip Demand
Berkshire Hathaway Q1 Earnings Jump 18% as Greg Abel Signals Disciplined Growth Strategy
Pershing Square Raises $5 Billion in Landmark U.S. IPO and Share Placement
Novartis Q1 2026 Earnings Miss Expectations as Generic Competition Pressures Sales
U.S. Cybersecurity Pushes Faster Patch Deadlines Amid Rising AI-Driven Threats
Seagate Stock Surges After Strong Q3 Earnings Beat and Bullish Outlook
Australia Targets Meta, Google, and TikTok With New News Payment Tax Proposal
Google Secures Pentagon AI Deal for Classified Projects
WuXi AppTec Stock Surges on Strong Q1 Earnings and CRDMO Demand Growth
Ford Q1 Earnings Beat Expectations, Stock Surges on Strong Guidance
Air Liquide Q1 Revenue Misses Estimates Amid Currency and Energy Headwinds
Amazon Stock Dips Despite Record Earnings as AI Infrastructure Spending Surges
Coles Group Q3 Sales Rise Driven by Supermarkets and E-Commerce Growth 



