Tag: Spreets

Dominating its competitors by enjoying 153,000 more visitors than it closest rival in June, LivingSocial has taken the number one position in the competitive daily deals market.

LivingSocial has partnered with British Airways to deliver an Australian first; offering discounted deals on long-haul flights to the UK and Europe.

In this video, Dynamic Business blogger Jack Delosa interviews Dean McEvoy, founder of Spreets. The group buying site was sold to Yahoo!7 for $40 million in January, just 10 months after the business was started.

Australians may be addicted to a bargain and flocking to the numerous collective buying websites in droves but are some better than others, and is the customer base large enough to go round? If the answers is “yes”, and “no”, that may explain why the various daily deal sites are tripping over each other to proclaim themselves leader of the pack.

Cudo.com.au the NineMSN affiliated Groupon clone that launched in September last year has taken the crown of the most visited site in its category just as rival Spreets was bought by Yahoo!7 for $40million.

Spreets, one of the many Groupon clones to startup in Australia has been bought online media company Yahoo!7 for around $40 million in the wake of similar deals by Channel Ten with OurDeal last year and rival NineMSN backed Cudo.

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.

Groupon clone ‘OurDeal’ has been bought into by Network Ten today, with the broadcast network looking to leverage its mass consumer reach to promote OurDeal’s discounts and offers.

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.