E-commerce investor duo Klaus Hommels and Oliver Jung are building in parallel to their private sales club network (“BrandsAlliance”) also a global network of Groupon clones with the support of the Swiss based Global Group Buying AG (PDF):
"Group Buying Global AG, promoted by Dr. Klaus Hommels & Oliver Jung owns & manages group buying portals across four continents."
According to press releases, Global Group Buying has till now invested in the Indian DealsAndYou (a sister of the private shopping club FashionAndYou) as well as the Russian Beaucoup.ru.
Oliver Jung is furthermore shareholder in Germany’s DailyDeal, Brazil’s ClickOn (sister of BrandsClub), Turkish Grupfoni (sister of Markafoni) as well as the Groupon clone Spreets in Australia.
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Originally posted in German by Jochen Krisch, adapted for excitingcommerce.com by Jason Soo.
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Posted by: groupon clone | 01/10/2011 at 08:47 AM