eBay to Acquire Leading German Fashion Shopping Site
eBay announced Monday its plans to purchase Germany’s largest private sales fashion shopping club, brand4friends. The site, which has 3.5 million members in Germany, was purchased for a 200 million dollar deal and will strengthen eBay as a leader in European fashion sales. [via Forbes]

Last Minute Shopping is No Longer a Problem Thanks to eBay
Everyone has fallen victim to last minute shopping, however this year eBay has a solution; GiftsNearby. Integrating its latest acquisition, local shopping site Milo, eBay has been able to integrate Milo’s local inventory results to show shoppers in-stock gift options available for pick up at nearby retailers in the neighborhood. [via TechCrunch]

Further News
+ Facebook testing new features, including Memories, Questions and Switch Login.
+ Have a question? The newly acquired Fluther team at Twitter can help you out.
+ The trend for free shipping deals this season create the heaviest online shopping week ever.