May 22nd, 2011

Groupon Clone That Got Sued By Groupon Raises Funding At $200 Million Valuation

Australia’s online retailing group CatchOfTheDay, which operates e-commerce site CatchOfTheDay.com.au and daily deal site Scoopon.com.au, has raised an undisclosed amount of funding (presumably around $80 million) valuing the company at $200 million, the company announced this morning.

The round was secured from New York-based Tiger Global and a group of Australian businessmen, including… → Read More