Jump On It secures $5 million in funding from LivingSocial
Jump On It, one of the myriad Groupon clones in Australia yesterday announced it has secured nearly $5 million in funding from US online group buying company LivingSocial.
Jump On It, one of the myriad Groupon clones in Australia yesterday announced it has secured nearly $5 million in funding from US online group buying company LivingSocial.
Scoupon, the Groupon spinoff from the CatchOfTheDay team has entered the PR war with rivals Jumponit, Spreets and Microsoft and PBL backed Cudo.
Microsoft and PBL yesterday launched Cudo.com.au, yet another Groupon clone in an already crowded Australian market filled with the likes of JumpOnit, Ouffer, Spreets, OurDeal and Scoupon run by Catchoftheday.
Catchoftheday.com.au was founded in 2006 by Gabby Leibovich and his brother Hezi. Loosely modelled on an American concept of one deal, every day, the business has caught on in a big way in Australia, topping the Hitwise rankings in its category.
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