Few days ago, using OpenSocial, Shopit build ecommerce store application on the Ning platform and now Shopit to launch Shopit Store App on hi5, one of the world’s largest social networks. Empowered by hi5’s newly announced Developer Platform, users can build stores within profiles with the click of a button and sell to friends, people in their social community, and even people in other networks.

Hi5 users can now leverage the power of a growing global commerce network that spans across multiple communities, currently reaching over 350 million people. The Shopit platform easily enables fully functional and synchronized commerce within Social Communities.

The Shopit Store App connects hi5 users with similar interests in items that people are selling or interested in buying. Users can quickly add products and services and transact in multiple currencies, in specific local areas, directly from the app. This functionality compliments the international hi5 community which focuses on localized, culturally-relevant social networking experience with local dialects and local ad partners.

Shopit enables users to conduct commerce right from their hi5 profile and can be found in the “Shopping” category on hi5. The application can be added directly to a hi5 page.