The Dealer: Daily Deals Site

Some weeks after reaching a settlement over the Groupon.com.au domain, Stardeals has relaunched on the domain under the confusing banner “Stardeals Groupon Australia“.

You’ve probably heard the Stardeals / Groupon story by now? Two opportunistic Australian brothers snatched up Groupon.com.au as well as the Australian Groupon trademark just months before Groupon began to move into the Australian market.

The brothers, Gabby and Hezi Leibovich, are behind Scoopon and Catch of the Day.

Groupon initially offered them $286,000 for the domain, which they accepted – though they later reneged on [...]

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James Packer has made a significant investment into daily deals sites Catch of the Day and Scoopon, partnering with a consortium of other investors.

Packer’s Consolidated Press Holdings and Tiger Global Management teamed up with Andrew Bassat, co-founder of Seek, and Glenn Poswell of Gannet Capital.

The group have purchased 40 percent of the deals business that is owned by brothers Gabby and Hezi Leibovich. The total investment is said to be $80m.

“It is still early days in Australia when it comes to online retail, and to support our next [...]

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