While it’s no Groupon (not that that’s such a good thing these days), Canada’s TeamBuy says it’s on track to generate gross revenue of $40 million for 2012. The group buying site also celebrated its third birthday in October, and a couple of months before, acquired Toronto-based FabFind.com, a daily deal site specializing in luxury “e-commerce” (think spas and facials). FabFind is still operating
ALTAMONTE SPRINGS, Fla. --- Revenue and profits at Craigslist resumed their steady growth in 2012 after a slight one-year dip, according to new estimates from the AIM Group, but the major classifieds site faces major challenges ahead.
In a new report released Monday, the AIM Group projects revenue at the San Francisco ba
Thanks to Broadband Social Justice for this excellent infographic on the history of the Daily Deals phenomenon, and a look at why it might well be doomed. One interesting point, that we haven't seen made elsewhere, is that consumers - even consumers who want a bargain
Back in March Trinity Mirror announced that its £10 million pound investment in daily deals site Happli was set to return revenues of around £20 million by 2014.
That dream died today with the announcement that the site it to be closed as part of the group's restructuring.
Happli's ending is not a happy one it seems with the loss making business being axed to free resources for other digital
While it was a hot fad in its heyday, we've been saying for quite some time that the Daily Deal craze had to end. While at first glance it's still a significantly handy way for small local media reps to lure new or SMB advertisers at no upfront risk, the biggest hurdle is that ultimately it's just not ver
The Canadian daily deal website WagJag has purchased Yellow Media’s “Deal of the Day” business. The integration of the two services is expected to be completed within a “few weeks” according to WagJag. The company is owned by Torstar, which also owns the Toronto Star, although WagJag is not advertised there. Financial terms of the deal were not disclosed.
Until the transition is finished, Deal
Teri Sutton at TownNews.com wasn't kidding when she told us that the company is continually upgrading. Classifieds, with the AdOwl self-serve online ad entry, coupons, and the business directory are all part of the changes. Even if they have in the past, publishers and broadcasters should take a good look at the constantly-improving TownNews Blox system for news and advertising.
Here are s
How many group buying websites can a relatively small country support? One less, apparently, as Canada’s Grooster has been acquired by fellow Canadian company CityXpress. The latter already operates its own daily deal site in Canada –