Yes, I'm familiar with the ikea app. I showed a demo of an experience like what you want at Liveworx 4 years ago. The problem with the touch gestures is that the js functions for them are different across platforms. For ios and android, look at the touchstart, touchmove, and touchend standard javascript listeners; for windows surface, the functions are pointer functions (I can't remember the names off the top of my head).
Moving in the XZ plane using 2 fingers is fairly easy, rotating around the Y axis using 1 finger is fairly easy using the functions I listed above. When you want to add an extra DOF (like moving just in the X or just in the Z, or moving just in the Y, or rotating around a different axis, etc) the user interface requirements and/or the control mechanisms are more difficult. When you add the additional DOFs, you either need to provide a UI for the user to select the axis/plane they want to move on and the axis about which to rotate or you have to implement gimbal style controls.
As you do compound rotations, the math becomes much harder to implement.
None of these actions are OOTB in studio but you can build them in javascript.
