|By PR Newswire||
|October 1, 2013 02:37 PM EDT||
MOUNTAIN VIEW, Calif., Oct. 1, 2013 /PRNewswire/ -- TheFind, the largest personalized shopping search engine in North America, today announced the total number of shopping searches by visitors to the site and users of the mobile apps just crossed the one billion mark. The number of searches accelerated in the last quarter after TheFind implemented new personalization features, such as instantly personal search results driven by your Facebook likes, search activity on TheFind and email transaction receipts.
TheFind's new infographic includes new holiday shopping statistics, the top purchased products and the most visited stores in 2013. Key ecommerce metrics reflect the remarkable growth and diversity of online shopping – TheFind updates over 40 trillion products annually (100 million on a daily basis) to reflect new products, price changes and current discounts.
Indexing 500,000 stores and over 500 million products, TheFind is the most comprehensive North American shopping search engine enabling shoppers to find every product wherever it's sold, and to check out the best prices for whatever they want to buy. As a direct result of indexing the comprehensive spectrum of retailers, about 50 percent of TheFind shoppers visited ecommerce sites of smaller retailers that offered unique products, matching their shopping needs more precisely.
"We have changed online shopping by delivering customers a unique shopping experience based on their individual shopping activity, purchases and social data, including the stores and brands they love," said Siva Kumar, CEO of TheFind. "Since we personalized the shopping experience, consumers have responded and the number of mobile shoppers, in particular iPad users, is skyrocketing. For instance, during the upcoming holiday period, we expect half our searches will originate on mobile devices, up from 30 percent today."
TheFind applies patented ecommerce technology to make the consumer shopping experience easy, efficient and fun. TheFind's powerful shopping search works across the Web looking through every store to quickly find you the best deal and even that hard-to-find item. Uniquely personalized just for you, TheFind continuously learns your taste and style from your activity, likes and purchases, showing you more from your favorite stores and brands. Finally, TheFind organizes all your shopping activity to quickly see what you've been looking for and what you've bought, and automatically tracks your shipments, returns and receipts.
TheFind is venture funded by Bain Capital Ventures, Lightspeed Venture Partners and Redpoint Ventures and is a San Francisco and Silicon Valley-based company.
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FortyThree, Inc. for TheFind