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September 12, 2011 02:15 pm GMT
FriendFinder Networks this morning announced the acquisition of BDM Global Ventures, the company behind daily deals business JigoCity, for a combination of stock and warrants, in a deal worth up to $65 million.JigoCity is a social commerce company that employs approximately 150 employees and powers daily deals in cities like Hong Kong and across countries like Singapore, Malaysia, Taiwan, China and South Korea but also Australia, Brazil and the United States.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/0usO0hatPFM/
FriendFinder Networks Buys Daily Deals Business JigoCity For Up To $65M
FriendFinder Networks this morning announced the acquisition of BDM Global Ventures, the company behind daily deals business JigoCity, for a combination of stock and warrants, in a deal worth up to $65 million.JigoCity is a social commerce company that employs approximately 150 employees and powers daily deals in cities like Hong Kong and across countries like Singapore, Malaysia, Taiwan, China and South Korea but also Australia, Brazil and the United States.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/0usO0hatPFM/
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