Entrepreneurship

Facebook to Buy Kustomer, Startup Valued at $1 Billion

Read more at www.wsj.com

Facebook Inc. said it would buy Kustomer, a startup that specializes in customer-service platforms and chatbots, part of an effort by the social-media giant to help companies use its platforms to do business.

Facebook announced the deal in a posting Monday, confirming an earlier report by The Wall Street Journal. Though terms weren’t disclosed, people familiar with the matter said it would value New York-based Kustomer at a little over $1 billion.

Closely…

Read more at www.wsj.com

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