Around the Net
Consolidation: Coupobox Sells Up To DealCollector
- TechCrunch, Tuesday, June 5, 2012 2:16 PM
The acquisition is a sign of how consolidation in the sector is hitting aggregators, too. Counting flash sales and private buying clubs with daily deals, there are an estimated 105 sites in the UK alone, with 1,400 across all of Europe, and there will likely be more companies bought or cast by the wayside going forward. The UK-based deals aggregator Coupobox was bought by rival site DealCollector for a song: the price was in the “lower six figures,” according to Stavros Prodromou, the founder and former CEO of the company.
