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Tobin Smith from FOX recommend MIMV

Facebook's Move To Search Says Mimvi Is In the Right Space

By Tobin Smith|September 18, 2012, 6:57pm GMT




Facebook (FB) CEO Mark Zuckerberg helped build the Facebook revenue case by announcing that the company is looking to combine its dominance in the social media field with the increasingly lucrative mobile search sector. At the TechCrunch Disrupt 2012 Conference in San Francisco he shared the following:


- Facebook is already processing 1 billion search queries per day

- While most searches are to find other people, many are also for businesses/brands and apps.

- Search is a "big opportunity" and is one that Facebook is "uniquely positioned" to go after.

- Facebook already has a team working on search.

The increases the heat for Mimvi with its new “Mimvi Echo” app discovery service launching in October. They are creating a “Super Platform” for combining their new Lone Wolf social media reach--@79 million Twitter members—with app discovery.

Here’s a new article on Social Search and another on Finding the App in Apple from Seeking Alpha.

Disclosure: NBT Communications owns one million MIMIV shares from past investor marketing engagements.