UK-based BagThat has just snagged a neat $3.2 million in funding in a round being led by Oxford Capital. The combination auction and group buying site says it will use the new funds to enhance its services. Daily Deal Media’s own Stephanie Taylor introduced BagThat earlier this month following the company’s launch in London. BagThat [...]

Social Media is on the rise and businesses need to assess their marketing strategy to improve their online presence. So says a recent infographic by Moore Consulting Group, a Tallahassee, Florida-based company that offers public relations, advertising and marketing services. But these insights go beyond just their relationship to marketing PR. Earlier this year, Facebook [...]

According to All Things D’s Liz Gannes Google is looking to buy Meebo, a social sharing site for upwards of $100 million. The information is from two undisclosed sources that say Google is currently in talks to acquire the site but  little else is known since neither company has made comment. The company has dedicated [...]

Washington D.C. based Recoup, a cause promotions site that brings businesses, consumers and nonprofits together for social good, has acquired Chewpons, a food and beverage deals site. According to Jack Lambert a reporter for the Baltimore Business Journal, Chewpons founder, Adam Marks felt the time was right to move on and focus on other things. [...]

Canada’s TeamBuy.ca has joined up with online travel retailer, SellOffVacations.com to offer exclusive vacation packages with substantial discounts on destinations to Europe, the Caribbean, Mexico and the U.S. The new partnership will make it possible for those in the travel industry to reach the thousands of daily consumers that visit Teambuy.ca. “With the help of [...]

CityPockets, a site that helped consumers manage daily deal vouchers, announced their closing earlier today. Cheryl Yeoh, CEO and co-founder of CityPockets left a letter on site explaining the decision to close and move on to a new venture. Dear CityPockets User, I deeply regret to announce that CityPockets will completely shut down on June 30, [...]

Luxury flash sales site, LuxeYard, has announced the acquisition of LeatherGroups.com a site that specializes in leather furniture at discount prices. LeatherGroups was founded in 2002 by LuxeYard’s own CTO, Jerry Wilkerson as a means of reducing excess inventory on discontinued items such as leather sofas, loveseats, chairs and ottomans. “Having helped build the quality [...]

Australia has a new group buying site but this time instead of frivolous spa and salon deals, the offers will actually help Aussies to keep a roof over their heads and maintain their homes. Trade Saver has announced their launch to provide savings to the construction trades as well as do-it-yourselfers. Trade Saver will be [...]

Facebook has announced the acquisition of Glancee, a social location application that allows users to find and connect with other people. Terms of the deal were not disclosed. This latest grab by Facebook closely follows social giant’s acquisition of mobile photo-sharing app, Instagram for $1 billion. The San Francisco-based Glancee, founded in 2010 by Andrea [...]

India’s online shopping site, Koovs is giving up on daily deals. According to Anand Rai of Techcircle.in, the e-tailer began moving away from daily deals earlier this year and switched focus to becoming a more general shopping site. Now Koovs is discontinuing its deals segment entirely. Rai points out that Koovs has also cut out [...]