Looks like massively funded daily deal sensation Groupon has turned its attention to the budding ecommerce market in Latin America. The company has apparently acquired Chilean deal site ClanDescuento and opened a new site called ClubeUrbano in Brazil.
We were alerted by Spanish-language press reports and blogs on the former news item, but were ironically made aware of its new Brazilian site through what will undoubtedly be one of its fiercest competitors in the country, freshly financed ClickOn.
We’re also hearing not so positive things on ClanDescuento and Needish, the company that launched the Groupon clone in Chile and other Latin-American regions only a couple of months ago – but more on that later.
“The expansion of Groupon Latin America is an important step in our evolution as a leading global Internet brand. We hope to present this new model of local business to people around the world.”
(Press release translated using Google Translate)
An international management team, formed from the recent acquisition of Berlin-based Citydeal by Groupon, will oversee all Groupon Latin America operations. More expansion in countries such as Argentina, Mexico and neighboring countries are also on the Groupon road map, according to the press release.
Not everyone in Chile and beyond is applauding ClanDescuento’s quick exit. High-profile entrepreneur and blogger Mariano Amartino wrote a blog post about the acquisition of the Chilean daily deal service, unequivocally labeling the service ‘Spamdescuento’.
Basically, Amartino – and other commentators who have contacted us and commented on the news stories – allege that ClanDescuento has built up its user base almost entirely through aggressive and not so kosher acquisition tactics (aka spamming). Obviously, it’s hard to confirm that this is in fact the case, but the general sentiment among pundits familiar with Needish and the market in general seems to be that Groupon fell into a trap by buying ClanDescuento from the Chilean company.
Of course, since we don’t know how much the Chicago-headquartered startup paid (if at all, could be another type of deal), Groupon now has a starting point for further expansion in Latin America. It sounds like they are very much intent on using the name ClanDescuento for upcoming launches in other Latin-American cities and countries.
(Hat tip to Laureana Varisco Bonaparte)
Groupon features a daily deal on the best stuff to do, see, eat, and buy in more than 565 cities around the world. By promising businesses a minimum number of customers, Groupon can offer deals that aren’t available elsewhere. Groupon brings buyers and sellers together in a fun and collaborative way that offers the consumer an unbeatable deal, and businesses a large number of new customers. To date, it has saved consumers more than $300 million and claims it...