3:29AM | Tuesday, 12 March The DealsDirect Group has shut down DealMe, the group's daily deal site which has been running since 2011.
9:43AM | Tuesday, 4 September Small players in the Australian group buying market need to “hold on and sit tight”, an expert says, after a report revealed consumer spending has fallen for the third consecutive quarter.
4:00AM | Monday, 16 April Yahoo!7 may be starting to encounter the downside of the group buying industry as a new report indicates the media giant is no longer expected to make any more performance-related payments to its subsidiary Spreets.
3:32AM | Tuesday, 6 March Start-ups can carve a slice of Australia’s $16 billion retail industry, a new report suggests, by focusing their efforts on online discounts and deals, mobile apps and group buying.
3:36AM | Tuesday, 6 March Australian franchise Jim’s Group has partnered with discount voucher site DiscountOn.com.au in order to spark sales, with an expert saying similar long-term partnerships are on the cards.
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.
12:45AM | Thursday, 15 December Sydney-based group-buying firm Dealised has acquired Hong Kong-based company Localy Network Limited for an undisclosed sum, as Dealised seeks to drive its expansion across Asia.
11:10AM | Monday, 21 November Melbourne-based online start-up TheAgendaDaily.com says it will focus on expanding its CRM strategy after receiving funds from Domenic Carosa’s Future Capital Development Fund.
11:29PM | Monday, 21 November AdviDeals is a group-buying website offering advertising deals to businesses on a daily basis. Founding director Brenton Tickner talks about the pros and cons of working with media owners.
11:17AM | Tuesday, 8 November Niche group-buying site Kid U Not has acquired three of its competitors less than three months after launching, as the company seeks to ramp up its membership base of cost-conscious parents.