In its second-largest acquisition, Amazon buys the company for $970 million.
CouponMob currently delivers its Daily Steal newsletter to more than 500,000 members and adds 4,000-5,000 new members every day.
NEW YORK, APRIL 6, 2011– CouponMob (www.couponmob.com), a comprehensive savings portal for everyday consumer purchases, today at Daily Deal Summit unveiled its local and national group deals which combine to deliver savings to consumers in more than 160 U.S. markets. These Daily Steals represent just one of many savings opportunities that include local and national group deals and online shopping coupons. CouponMob’s one-day product sales, grocery coupons and dining coupons will launch later this year.
“Unlike the group deal, specialty savings and other coupon resources that exist today, CouponMob embraces all types of savings to provide an innovative, one-stop shop for consumers and merchants alike,” said Michael Cashion, CouponMob CEO. “Our Daily Steals provide one critical element for CouponMob. We’ve already localized these group deals in twelve U.S. cities and will continually expand local offerings across the country. Members receive national daily deals in other markets.”
The CouponMob team’s experience in performance-based customer acquisition and the extensive resources of parent company Flypaper Media Holdings, LLC enable CouponMob to rapidly grow its membership nationally and locally at a cost basis far below that of others in the industry. CouponMob currently delivers local Daily Steals to consumers in Atlanta, Boston, Chicago, Dallas, Denver, Los Angeles, Philadelphia, Phoenix, San Francisco, Seattle, St. Louis and Washington and is committed to lasting value in each local market it serves.
CouponMob currently delivers its Daily Steal newsletter to more than 500,000 members and adds 4,000-5,000 new members every day. Members say they save time and money accessing many savings opportunities in one centralized location. The CouponMob team personally qualifies each deal to ensure every merchant meets its rigorous trust and quality standards and stands by every offer it provides.
In addition to a wide range of local merchants, restaurants, service providers and other companies, CouponMob works with more than 400 of the top national retailers, including brands such as Barnes & Noble, Best Buy, Eddie Bauer, Fandango, North Face, Omaha Steaks, Red Envelope, Target and more.
Taking place April 6 at the Grand Hyatt in New York City, Daily Deal Summit offers the first ever event focused on the future of commerce and customer acquisition, where attendees can meet innovative companies and top executives from across the Group Buying, Flash Commerce and Ecommerce as a Service sectors.
About CouponMobCouponMob connects consumers with trusted local and national merchants to help them easily save money and earn rewards on everyday purchases. With savings opportunities that include local goods, services and dining; apparel; electronics; and groceries from only trusted brands, CouponMob offers a flexible, simple and comprehensive resource that rewards its members for every dollar spent. Based in Chicago and owned by Flypaper Media Holdings, LLC, CouponMob boasts a growing team, many of whom have worked in online couponing since the 1990s, and leverages the resources and operational flexibility offered by its parent company. For more information, visit www.couponmob.com.