Facebook Inc (NASDAQ:FB) doesn’t seem to believe in starting from scratch, it just buys any firm or hire someone who knows how to get things done. It had bought Instagram and Whatsapp with the same objective, and now it has acquired one more startup. As per the reports, Facebook has reportedly bought a shopping search engine named ‘TheFind.’
Insights On Matter:
The rumors started when a tweet about social media giant’s recent acquisition went viral, and that’s when reporters started investigating this matter. Within a few hours of this tweet, Facebook announced on its website that it acquired ‘TheFind.’ The primary reason behind Facebook’s interest in this start-up is its efficacy in finding online platforms to shop anything that users want. It provides an easy to use interface and home page where user can type anything as per their requirements. Once the keyword is entered, it shows as many results as possible from different prominent retailers such as Target, Zappos, Nordstrom, Amazon, Ebay, Etsy, etc. Users can also make their search location specific.
Not only does it provide products from different retailers at one place, but also allow users to compare products and choose one, with the least price. Consumers can save their money, time and efforts by opting for this wonderful one-stop solution for all the shopping needs. As soon as the matter was brought to light, management of TheFind clarified that the website would be shut down immediately.
TheFind’s management team stated that the site would go offline within a few weeks time in order to make Facebook’s advertisements more consumers friendly. A spokesperson of Facebook Inc (NASDAQ:FB) wrote in a statement that Facebook was delighted to bring ‘TheFind’ on board. It would not only enhance the efficacy of the company’s proceedings, but also facilitate all the Facebook users, with the best possible advertisement experience.
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