Facebook has bought shopping search engine The Find, a discovery shopping search engine targeting lifestyle products such as apparel, accessories, home and garden, fitness, kids and family, and health and beauty. Jessica Guynn of USA TODAY first break the news on her twitter timeline.
BREAKING Facebook buys @thefind
— Jessica Guynn (@jguynn) March 13, 2015
The company on the behalf of TheFind Team announced the acquisition on their website. Company wrote that:
For the last nine years, we’ve worked hard to bring you a shopping experience that’s easy, efficient and fun – searching all the stores on the web to find just the right products you’re looking to buy.
We are now starting our next chapter by combining forces with Facebook to do even more for consumers. 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.
Key members of our team are joining the company and will be working hard to integrate our technology to make the ads you see on Facebook every day better and more relevant to you.
Unfortunately, this means we will be taking our search engine offline in the next few weeks.
Thank you for your loyalty and for making this a fun journey for all of us!
Facebook confirmed the acquisition with a statement released this afternoon. “We’re excited to welcome TheFind to Facebook,” a Facebook spokesperson wrote. “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 will be taking search engine and apps offline effective 3/13/2015.