Funding & VC

Chirpify Merges Twitter and Social Commerce, Obtains $1.3M in VC Funding

Chirpify’s 1.3M in VC Funding Solidifies New Social Commerce Model” T-Commerce” - Twitter + Social Commerce  First came electronic commerce known as “E-commerce”, followed by Social electronic commerce, “Social Commerce”. Next social commerce became categorized down to the platform with socialized selling with Facebook, or “F-Commerce”. Now the circle broadens with the introduction of T-Commerce – socialized selling on Twitter. [...]

Just-Eat Secures $64 Million in Third Round of Funding

Just-Eat is an online food-ordering website based in the UK and has announced that it has secured $64 million in funding to expand its offerings and perhaps even acquire a business (or several!) The site’s founders have just completed a third round of funding, led by Vitruvian Partners in conjunction with current investors Index Ventures, [...]

Savemore.com Website Down, No Deals Running

Savemore.com, the daily deal website notorious in the industry and deal community for ‘scamming’ shoppers, may have finally closed their doors. Thursday afternoon, Daily Deal Media received a reader comment that the savemore.com site is down. Although, the page on the site to display past deals does load still, the main site which conducts the [...]

Groupon Grassroots Offers “Voluntourism” Deal in Zambia

Doing Good for others is something that I don’t think we do enough of, and this week, Groupon offered a once-in-a-lifetime deal to do so. This week, Groupon Grassroots offered 40 spots to spend nine days in Zambia (one of Africa’s most safe, politically stable countries), during which volunteers would teach, dance with and help [...]

LocalBonus Comes Up with Universal Loyalty Program, Obtains Seed Fund

Local merchants typically find it difficult to attract and retain customers. Providing loyalty cards is cumbersome – the merchant has to issue the cards, invest in point of sale devices, train staff and the customer has to carry the card and remember to offer it at the time of purchase. LocalBonus has used the same [...]

The Future of the Daily Deal

The Daily Deal Summit East has concluded and the number of questions being raised about the uncertainty of the industry hang in the air like stale smoke in a pub. It has a familiar smell that became tolerable during the honeymoon of bloated valuations and first-in hype. But, it was time to clear the air. [...]

Travelzoo CEO Chris Loughlin, Bashes Daily Deal Industry Dynamics

Travelzoo’s Release of the Company’s Q1 2012 Earning Results in CEO Chris Loughlin Pointing the Finger at Daily Deal site Industry Practices As Travelzoo released their quarterly results this week, CEO Chris Loughlin, came down hard on the deal industry essentially blaming daily deal sites, which he clarifies that Travelzoo technically is not, for unsustainable practices obstructing the advancement of [...]

Overview of the Daily Deal Summit: e-commerce’s Finest go to the Big Apple

The Daily Deal Media team had a fantastic time at the Daily Deal Summit Tuesday and Wednesday of this week. The conference was host to representatives from every aspect of the daily deal and e-commerce industry: Deal sites, Merchant Services, Investors, White Labels, Consultants, CEOs, Start-ups and many more. You can see the entire list [...]

Threadflip Launch Aims to Help Refresh Wardrobes

Threadflip has launched its service to help everyone refresh their wardrobes. Along with the launch, Threadflip also announced seed fund infusion to the tune of $1.6 million. Investors include First Round Capital, Baseline Ventures, Dave Morin of Slow Ventures, and others. Threadflip enables women to prune their wardrobes and make space of new items while [...]

Sneakpeeq.com Snags Another $7.5 million in Venture Capital Funding

Take a peeq at this 15 month old company Sneakpeeq Incorporated has managed to sneak in another $7.5 million in venture capital funding in order to keep the ball rolling and stay in the daily dealing game. This round of funding is detailed in a recent Security and Exchange Commission (SEC) filing. In January, 2011 [...]

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