Facebook Inc (NASDAQ:FB) is tapping into every major area that is teeming with opportunities. Ads, mobile, apps, healthcare and now ecommerce. Amazon.com, Inc. (NASDAQ:AMZN) is the leading ecommerce giant in the US, but once Facebook Inc (NASDAQ:FB) lands any domain, it hardly fails and always gives tough time to the market leaders. While Google is already sweating over Facebook Inc (NASDAQ:FB) ads endeavors, it’s now time for Amazon.com, Inc. (NASDAQ:AMZN) to worry about its future. Facebook Inc (NASDAQ:FB) ads revenue was $12.6 billion last year. It can easily embed its ads business with ecommerce and convert it into a billion dollar space within no time.
Facebook Inc (NASDAQ:FB) has acquired Thefind.com, an ecommerce website search engine used to sell and buy products online. The deal is struck at a right time. Alibaba, Amazon.com, Inc. (NASDAQ:AMZN) and eBay are already fighting to get a major chunk of ecommerce market. Facebook Inc (NASDAQ:FB) is the leading social media giant. It can use its social media platform for ecommerce purposes. For example, recently, Twitter added ‘Buy Button’ in its tweets featuring products. Advertisers can also use the Facebook Inc (NASDAQ:FB) platform to turn their ads into actual sales.
An article on Forbes said that Facebook Inc (NASDAQ:FB) can use Find ads platform. Find also issued a statement and said that it will be happy to work with Facebook in ads, ecommerce and search. Facebook’s graph search failed pretty badly. Its Facebook Inc (NASDAQ:FB) Gifts endeavor also got shut down after failure. It is now time for the company to reinstate its position in ecommerce and search domain. Amazon.com, Inc. (NASDAQ:AMZN) has nothing to worry about Facebook Inc (NASDAQ:FB) and Find deal, at least in the short term future.
John Thaler’s JAT Capital Management owns over 7.3 million shares in Twitter Inc (NYSE:TWTR).
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