Jump On It


Expert predicts trickle-down effect for group buying after LivingSocial raises $110 million

3:45AM | Friday, 15 March

US-based daily deals giant LivingSocial has raised another $US110 million from investors, with an industry expert predicting a trickle-down effect for smaller players.

Group buying consolidation gathers pace as Deals.com.au and Ouffer merge

6:08AM | Monday, 18 June

Australia’s group buying market is in the midst of a consolidation period, according to analysts, after Melbourne-based site Deals.com.au announced it will merge with Sydney-based site Ouffer.

LivingSocial closes down Jump On It

6:23AM | Friday, 8 June

US group buying giant LivingSocial has closed down sister site Jump On It, transferring all subscribers and customers into LivingSocial Australia, three months after acquiring Jump On It.

LivingSocial swoops for Aussie start-up Jump On It

3:43AM | Monday, 5 March

US group buying giant LivingSocial has acquired Australian start-up Jump On It, one year after taking a 31% stake in the company, in a deal believed to be worth around $40 million.

Groupon enters Aussie market

12:03AM | Wednesday, 22 December

Groupon has finally entered the Australian market, but local operators believe the US-based group buying website will struggle to compete in what is already an established market.