• BuyWithMe Buys San Francisco Daily Deal Site Groop Swoop

    Robin Wauters

    Robin Wauters is the European Editor of tech blog The Next Web and lead editor of Virtualization.com. He was a senior staff writer at TechCrunch until his departure in February 2012. Aside from his professional blogging activities, he’s an entrepreneur, event organizer, occasional board adviser and angel investor but most importantly an all-round startup champion. Wauters lives and works in... → Learn More

    Wednesday, May 25th, 2011

    On the heels of its recent acquisition of DealADayOnline in Chicago, BuyWithMe today announced that it has acquired Groop Swoop, a social commerce company focused on San Francisco. BuyWithMe rivals Groupon and LivingSocial in the United States, and currently offers daily deals in 13 cities nationwide.

    The company says it expects to double its regional footprint by the end of this year.

    Terms of the acquisition of Groop Swoop were not disclosed.

    Company: Groop Swoop
    Website: groopswoop.com
    Launch Date: February 2009

    Groop Swoop is an Internet based promotional company headquartered in the San Francisco Bay Area. By leveraging the community’s Social Bargaining ability, Groop Swoop can negotiate extraordinary deals in the city. Each deal has its own threshold, that when met, will make the offer valid. This allows Groop Swoop to offer local merchants a risk-free opportunity to gain new customers in large numbers and promote deals only for Groop Swoop members. Groop Swoop seeks out unique experiences the city...

    → Learn more
    Company: BuyWithMe
    Website: buywithme.com
    Launch Date: March 2009
    Funding: $36.5M

    BuyWithMe is the premier group buying website where leading local merchants offer exclusive limited time offers to members of the BuyWithMe community. Through the power of its numbers, BuyWithMe negotiates handpicked group discounts for its customers to access at spas, restaurants, health clubs, bars and other local activities in their city. BuyWithMe currently publishes daily deals in 12 major DMAs, including Austin, Boston, Chicago, Dallas, Houston, Los Angeles, Philadelphia, Phoenix, New York, and San Diego. BuyWithMe is...

    → Learn more