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Mode acquires e-card maker JibJab for up to $29.5 million

Mode has purchased JibJab, the e-card and video company known for its 2004 Bush-Kerry viral video, in a deal valued at up to $29.5 million. The acquisition is part of Mode's broader strategy of buying consumer software businesses and offering users free premium access or other rewards in exchange for sharing their data, including for AI training purposes.