How Twitter Could Challenge Amazon and eBay in E-Commerce
The reported but still-unconfirmed news that Twitter is moving into e-commerce is baffling to most people. There were unconfirmed reports of Twitter partnering with a New York-based startup called Fancy — where Jack Dorsey is an investor — and there was something about Twitter using Stripe for payments. These reports are also still unconfirmed, but they've been picked up by mainstream media. Twitter has been in the spotlight after its first quarterly report as a public company, so one can take the company's lack of denial as a reasonable indication there might be some truth to these reports.