BizRate is a well-known American comparison shopping website. It was founded in 1996 and gradually evolved into a shopping search engine. Now it has indexed 30 million products provided by 40,000 stores. It is currently the largest, fastest and most accurate comparison shopping search engine on the Internet, providing price comparisons of competing products in each store. BizRate launched the first online customer feedback and rating platform. Through BizRate, customers can evaluate their store experience and retailers can understand their performance. About BizRate BizRate, a division of Connexity, Inc., is the trusted shopping resource that connects shoppers to over one million products, brands and stores with just one click. Through BizRate, users can not only search in a variety of ways, such as product name, brand name, website name, etc., but also rate products and express their own opinions, which can also be used as a reference by other users. Therefore, when users use shopping search engines to search for products, they can obtain relatively rich information, which is of great reference value for making product purchase decisions. At Bizrate.com, customers can not only rank all the best online stores according to their needs, but also get special service opportunities, including discounts of up to 25%. Related Business Bizrate Insights is Bizrate's customer feedback and ratings platform that provides tools and reports to more than 6,000 retailers worldwide, enabling retailers to achieve the ultimate goal of increasing sales and customer loyalty. Bizrate Insights helps retailers listen to their customers in a rapid and measurable way, resulting in insights, actions, conversations and customer loyalty. Development History -In 1996, Farhad Mohit and Henri Asseily founded the BizRate website with $260,000 in startup capital borrowed from family and friends. -In April 1998, Mission Ventures invested $4.5 million in venture capital in BizRate. -In October 1999, BizRate integrated search into the site and provided a better shopping experience. -By the beginning of 2004, BizRate already had over 30 million product indexes from over 40,000 online shopping sites, and had in fact become the No. 1 e-commerce portal in the United States. -In June 2005, EW Scripps acquired Bizrate.com for $525 million. |
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