Displaying items by tag: Spreets

Australia's consumer and competition watchdog is again taking on the online group buying sector, this time alleging Spreets misled consumers.

Mobile payments specialist Mint Wireless has made three senior executive appointments.

Australian group buying site, Spreets, has launched a new app for the iPhone with a 'voucher wallet' function which the company says lets users manage all their purchases, from any group buying site, not just Spreets, by aggregating all deal vouchers in a single accessible place.

Online group buying has taken off in a big way in the Australian market, with the market now worth nearly nearly half a billion dollars and significant growth predicted over the next 12 months and beyond.

The group buying industry has come up with a code of conduct, but it doesn't appear to offer consumers much that they're not already entitled to by law.

In Australia's fast changing group-buying market travel has surged from being the smallest to the largest deal category in the space of a single quarter, and in six months the number of sites has quadrupled to 80.

IT hosting and cloud computing provider, New York Stock Exchange listed Rackspace Hosting, has brought to Australia and New Zealand its zero cost Rackspace Startup Program that provides free cloud hosting and support services to local incubators that want to encourage their startup companies to use the cloud computing model of IT service delivery, and has named Sydney-based Pollenizer as its first customer.

The Sydney Opera House made a mockery of the launch of the Digital Sydney initiative on Monday night, suffering what one organiser described as a technical meltdown, and leaving the NSW Deputy Premier and assembled throng cooling their heels in a queue for over half an hour. On a night that was supposed to celebrate Sydney's technical prowess, there was a distinctly analogue flavour.

Australians love to bag a bargain as evidenced by the 62 percent surge in online group buying during the first three months of the year.

Market research firm Telsyte is forecasting boom times for Australia's fledgling online buying industry, but warns players to brace themselves for the entry of overseas giants Google and Groupon.

Telstra has reported an 18 percent decline in Sensis' Yellow Pages print revenues as advertising moves online, but digital revenue is not growing.

Yahoo!7 has bought Australian online group buying company, Spreets Pty Ltd, along with its New Zealand operations for an undisclosed sum.

Group buying offers amazing savings on beauty treatments, holidays, meals out and more; but keeping up with all the deals can often be time consuming process. Now a new iphone app brings all the deals together.

Spreets, which to be Australia's first group buying site, has received $2m in funding from two European investors, Klaus Hommels and Oliver Jung.