• Facebook To Close Its Virtual Giftshop August 1st

    Jason Kincaid

    Jason Kincaid worked as a writer for TechCrunch from April 2008 through 2012. He grew up in Danville, California and later relocated to UCLA in Los Angeles, California, where he studied biology with a minor in ‘Society and Genetics’. You can reach him at jkincaid@gmail.com → Learn More

    Thursday, July 8th, 2010

    Those goofy ninja drawings, multicolored troll things, and birthday cakes adorning your Facebook wall are about to become collector’s items. Facebook has just announced that it is closing Facebook Gifts — a feature that launched back in early 2007 as the result of a Hackathon project and went on to seed the creation of Facebook Credits (it marked the first time Facebook users could actually pay for something). You’ll still be able to purchase gifts up through August 1st, and all the gifts you’ve received will remain on your profile and Facebook Wall after that point, but you won’t be able to buy new ones.

    The explanation Facebook gives for the change is a little odd — Facebook employee Jared Morgenstern writes that it will help Facebook focus on improving other products:

    Closing the Gift Shop may disappoint many of the people who have given millions of gifts, but we made the decision after careful thought about where we need to focus our product development efforts. We’ll be able to focus more on improving and enhancing products and features that people use every day, such as Photos, News Feed, Inbox, games, comments, the “Like” button and the Wall.

    It makes sense for Facebook to trim away products that are adding clutter to the site, but these are pure profit and it’s hard to imagine they were draining too many resources. That said, Facebook has continued to evolve the feature since it launched, with the addition of celebrity gifts and the ability to gift Lala songs last year (the Lala feature was disabled after the music company was acquired by Apple).

    This also can’t be good news for RealGifts and the various eCard vendors that Facebook offered as part of its Gifts selection.

    If you still need your gift-giving fix, Facebook suggests third-party applications like Birthday Cards, Hallmark, Pieces of Flair, and someecards.


    Company: Facebook
    Website: facebook.com
    Launch Date: February 1, 2004
    IPO: NASDAQ:FB

    Facebook is the world’s largest social network, with over 1.1 billion monthly active users. Facebook was founded by Mark Zuckerberg in February 2004, initially as an exclusive network for Harvard students. It was a huge hit: in 2 weeks, half of the schools in the Boston area began demanding a Facebook network. Zuckerberg immediately recruited his friends Dustin Moskovitz, Chris Hughes, and Eduardo Saverin to help build Facebook, and within four months, Facebook added 30 more college networks. The original...

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