TheFind, a technology-heavy shopping search engine, has acquired the deal-driven shopping site iStorez.com. iStorez aggregates the latest coupons, sales and deals from retailers across a variety of categories. Terms of the acquisition are not being disclosed, but we are hearing it was less than $500,000.
TheFind, which is a search engine geared more towards finding new products than locating a price for a particular item, will use its latest acquisition to attract consumers who are looking for promotions, deals and sales from online retailers. This is probably a wise move given the current economic climate. Everyone is looking for a deal and its helpful to have information about sales and promotions side by side in your shopping portal.
TheFind is hoping to be a one-stop shopping destination for consumers where they can search for a varied list of items from multiple sources. The site currently indexes 350 million products from over 500,000 stores. Last year, TheFind launched an iPhone app that allows users to search for stores in a region that are selling a particular product. The app will also compare prices of products from stores in your location and even calculates the cost to drive from your location to a particular store. In 2007, TheFind acquired Glimpse, a womens’ shopping destination.