Tagworld Adds E-Commerce Features

Santa Monica-based TagWorld, a online social networking startup that recently received funding from Draper Fisher Jurvetson, is announcing today that it has tied in e-commerce features into its services. The firm is tying PayPal into the web site to allow users of the TagWorld site to post items for sale and create their own online stores. The firm said that it has launched a new Classifieds tab that allows members to search for items within a specific radius of their zip code, or search by tag keywords. The company's e-commerce features also allow for bidding and counter bidding on items. TagWorld provides a MySpace-like online social networking web site.