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Facebook Buys A Shopping Search Engine

Facebook Buys A Shopping Search Engine

FACEBOOK-- Now that Google and Apple are going head to head with mobile payment options, Facebook looks to jump into the game too as they bought the company TheFind. Although there haven't been any details released as to what's enclosed in the deal Facebook has in fact acknowledged this latest news in a statement.

“We’re excited to welcome TheFind to Facebook. TheFind’s talented team has built a successful search engine that connects people to products. Together, we believe we can make the Facebook ads experience even more relevant and better for consumers,”

TheFind was first established in 2006 with the intentions of simplifying the online shopping experience by searching all retail stores for the best prices. With the company already having incorporated Facebook's “Likes”, the transition will be seamless as they merge.

TheFind posted a note on their official website stating, “We are now starting our next chapter by combining forces with Facebook to do even more for consumers<.” Then finished off by saying, “Facebook’s resources and platform give us the opportunity to scale our expertise in product sourcing to the over 1 billion people that use the platform.”

Last year Facebook's mobile payment plan leaked even though the company didn’t officially comment on the news. There could be a few big announcements from the social media company before the year ends. Mark Zuckerberg is also pushing the envelope with the Oculus Rift, one only wonders if he will take another shot at a mobile device, maybe even a wearable.

Facebook is continuing it’s evolution of an once and only social media website into a global digital ecosystem. With billions of users, Mark Zuckerberg is hoping to capitalize where MySpace failed in being able to moving into the future successfully. Facebook will announce more details in the next few weeks as pointed out by their new acquisition, TheFind.

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