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Price Comparison Site BearShop Shuts Down

Price comparison site BearShop has shut shop after two years of operations. A notice up on its website, while not explicitly giving a reason for shutting down, it appears the founders have developed a new service called BugClipper, which they say they developed while trying to solve their own problem of reporting bugs while developing Bearshop. 

BugClipper is a service which allows companies to capture screen shots, highlight issues & record screen activity with just one tap, and report bugs to their own development teams. The service, which is paid, is available in a price range of $15-99 per month, and appears to operate in the same space as Little Eye Labs, which was acquired by Facebook last month. However, while Little Eye Labs was in the performance testing space, BugClipper tried to make reporting bugs for apps easier. Also, Little Eye Labs focused on Android, while BugClipper currently focuses on iOS, and its website says it plans to expand its mandate to Android.

Given the ups-and-downs of the e-commerce ecosystem last year, and the glut of price comparison sites, it was always going to be difficult for BearShop, despite having an intuitive and very useful interface. We’d reviewed it here, and I particularly liked the pricing trends feature. Other players in this space include MySmartPrice, which recently raised funding from Helion and Accel, Network18 backed CompareIndiaFindYogiBuyt.inCompareRajaPriceDekhoShoppingWish.in, and BuyingIQ. We wonder if this is going to be a last-man-standing game as well, in which case MySmartPrice appears to be well capitalized, and Pricebaba recently raised an undisclosed amount from 500 Startups’s India focused fund 500 StartupWallah. We’re not sure of what Network18 plans to do with Compare India.

Apart from price comparison sites, there is also going to be a shake-out in the couponing sites space, although we’ve heard that more coupoining sites are going to be launched soon. I’m not sure if couponing sites actually work: I tried one last night, and found absolutely no difference in prices, with or without the link from the couponing site (they had no code to offer). Do any of these sites actually help reduce the price?

Note on Bearshop’s website:

We are shutting Down.

Thank you, again. We’ll miss it dearly.

We appreciate all of the support from you, our users, as BearShop has grown over the last two years. However, the service is no longer available. We recommend FindYogi and PriceBaba for your hassle free shopping.

At BearShop we started solving our own pain point of reporting bugs and BugClipper was born. It’s been an incredible journey that wouldn’t have been possible without your loyal support.

Our sincerest thanks,
– The BearShop Team

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