Flash sales giant Gilt Groupe is acquiring the troubled daily deals startup BuyWithMe, which recently saw over half its staff laid off after the company failed to raise the funding it needed to survive. Beginning November 1st, BuyWithMe will officially become a part of Gilt, according to a report from BetaBeat, which has been covering the BuyWithMe saga for the past couple of weeks. → Read More
BuyWithMe, a daily deals startup that had been acquiring companies right and left this year, appears to be going under. The startup has failed to find funding and is now laying off half its workforce. CEO Jim Crowley announced yesterday that at least 100 people will be let go today unless the company finds a last minute buyer. → Read More
BuyWithMe, which rivals group buying / daily deal sites LivingSocial and Groupon in the United States, has been busy this year. The company this morning announced its sixth acquisition for 2011, scooping up San Francisco-based TownHog.
Terms of the acquisition were not disclosed. → Read More
Our parent company AOL is having a rough time making money from Patch, its rapidly expanding network of local news sites, and that’s not its only problem. Today, group buying website BuyWithMe announced that it has recruited Charlie Gray, formerly Executive Vice President at Patch, as its new ‘Chief People Officer’.
BuyWithMe, which rivals the likes of Groupon and LivingSocial in the United… → Read More
A PR rep tells us Groupon and LivingSocial challenger BuyWithMe has acquired Edhance, which operates one of the largest student rewards program in the United States. Terms of the deal, which will be announced some time this morning, were not disclosed.
The news comes on the heels of our report on Groupon buying Zappedy, which also helps merchants to better understand and retain customers, using… → Read More
Foursquare this morning announced distribution partnerships with daily deal providers LivingSocial, Gilt City, zozi, BuyWithMe and AT&T. Missing from the list are Groupon, Yelp and Google Offers.
With these deals, Foursquare is attempting to solve two problems: liquidity in deals and its own lack of a revenue model. → Read More
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. → Read More
Groupon rival BuyWithMe has acquired a daily deal site in the former’s home turf, Chicago, in order to expand its regional offering. With the acquisition of the group buying site, DealADayOnline (DADO), BuyWithMe will offer daily deals in 13 major cities across the United States. → Read More
BuyWithMe, the group buying site that competes with Groupon and LivingSocial in the United States, has appointed a new CEO after the former (Cheryl Rosner) abruptly left the company last December after only 8 months on the job.
The new chief exec of the social commerce startup is Jim Crowley, the former President and CEO of Turbine, the developer of massively multiplayer online games that was … → Read More
Google wants to be in the online group buying space, badly, and with good reason. The company may have not succeeded in purchasing the current leader in the space, Groupon, which has spurned a $6 billion buy-out offer in a bid to stay independent and shoot for the stars, but it seems determined to get in on the action – through acquisition – regardless.
According a report from the New York Post… → Read More
On today’s episode of TechCrunch NOW, investor Jeff Clavier and CloudCrowd founder, Alex Edelstein, joined us to discuss Apple’s ambitious plans for China, BuyWithMe’s new round of funding, and Twitter’s latest product, Earlybird.
Aside from Steve Jobs’ world domination plans, we focused on the hyper active daily deal market. Jeff Clavier, who has invested in 81 consumer internet companies as of… → Read More
A lot of venture money is chasing social commerce startups right now because group buying sites are chasing a lot of money (in the form of consumer spending). Groupon kicked things off with its $135 million mega-round last April. LivingSocial has raised $49 million so far. And now BuyWithMe just closed a $16 million B round led by Bain Capital Ventures, bringing its total raised to $21.5… → Read More
The group buying craze is now officially in overdrive. There are so many group buying sites—Groupon, LivingSocial, BuyWithMe, SocialBuy—that it is hard to know where to go for the best deals. Enter the DailyD, a new site that just launched today which pulls together all the deals for a city in one site and sends out a daily email as well.
The founders of the DailyD are Matt Coffin and Doug… → Read More
Editor’s note: Group buying sites are growing like mushrooms. In this teardown, guest author Steven Carpenter goes through a detailed teardown of the largest social commerce site, Groupon, and its competitors to see what exactly is going on here.
Much has been written about the rapid growth and success of Chicago-based local daily deal company, Groupon. And it is for good reason. No other… → Read More
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