PaaS provides core services for building, deploying, hosting, and maintaining web applications and APIs. The Magento Go platform is a PaaS that allows developers to extend Magento functionality through apps, web APIs, and event-driven web apps. Apps on Magento Go can interact with data, modify features, replace core elements, and import/export data and themes using technologies like JSON-RPC, JavaScript, REST, HTML/CSS, and iFrames.