NEW YORK (
announced on Wednesday that it acquired a bar-code scanning technology for
eBay purchased RedLaser, which is the top-selling iPhone barcode-scanning application for comparison shopping, from
. Terms weren't disclosed.
"Mobile enables consumers to make impulse buys and convenient purchases wherever they are, and eBay is constantly innovating to make mobile shopping easy and reduce the friction in commerce," Mark Carges, chief technology officer and senior vice president, global products, said in a statement. "With RedLaser's innovative technology, eBay is continuing to help shoppers quickly find the best deals online, and eBay sellers will be able to list their items faster."
-Reported by Jeanine Poggi in New York.
Follow Jeanine Poggi on
and get more stock ideas and investing advice on our sister site,