#Tech: Twitter Announces “Buy” Button On Mobile

Social media site - Twitter on monday in a blog post announced its first commerce product,  a “buy” button that can be embedded in posts to allow users buy online products with a couple of clicks. The feature — initially limited to mobile versions of Twitter and aimed at selling limited-edition or time-sensitive items like T-shirts and event tickets — could eventually create a new revenue stream for the social network, which currently relies on advertising for virtually all of its income.

The test comes as competition in the world of mobile e-commerce intensifies. Facebook, Twitter’s biggest rival, began testing a “buy” button on its service in July.

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