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+ <title> Groupon Invades Europe With Acquisition Of Citydeal </title>
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+ <meta property="og:site_name" content="TechCrunch"/><meta property="og:title" content="Groupon Invades Europe With Acquisition Of Citydeal"/><meta property="og:image" content="http://tctechcrunch.files.wordpress.com/2010/05/citydeal.jpg"/><meta name="description" content="Daily deal service Groupon, hot off a new funding that valued the company at $1.35 billion, may not love all those clones of its service out there. But they're certainly being realistic about things - tomorrow they'll announce the acquisition of German startup Citydeal, CEO Andrew Mason just called to tell me.
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+ Citydeal first launched in January, raised €4 million in funding, and now has offers in 80 European cities. They have over a million subscribers to their daily deals, says Mason, compared to about 5 million for Groupon. Citydeal's 600 employees will join Groupon's 300 or so, and the combined company will now operate in 18 countries and 140 cities." /><link rel="image_src" href="http://tctechcrunch.files.wordpress.com/2010/05/citydeal.jpg" /> <script src='http://wordpress.com/remote-login.php?action=js&amp;host=techcrunch.com&amp;id=11718616&amp;t=1274084251&amp;back=techcrunch.com%2F2010%2F05%2F16%2Fgroupon-invades-europe-with-acquisition-of-citydeal%2F' type="text/javascript"></script>
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+ <div class="post_header snap_nopreview"><a href="http://techcrunch.com/2010/05/16/groupon-invades-europe-with-acquisition-of-citydeal/" rel="bookmark" title="Groupon Invades Europe With Acquisition Of&nbsp;Citydeal">Groupon Invades Europe With Acquisition Of&nbsp;Citydeal</a></div>
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+ <a href="#comments" rel="nofollow"><span class='IDCommentsReplace' style='display:none'>180906</span>20 Comments<span style='display:none' id='IDCommentPostInfoPermalink180906'>http://techcrunch.com/2010/05/16/groupon-invades-europe-with-acquisition-of-citydeal/</span><span style='display:none' id='IDCommentPostInfoTitle180906'>Groupon+Invades+Europe+With+Acquisition+Of+Citydeal</span><span style='display:none' id='IDCommentPostInfoTime180906'>2010-05-16+20%3A59%3A17</span><span style='display:none' id='IDCommentPostInfoAuthor180906'>Michael+Arrington</span></a>
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+ May 16, 2010
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+ <div class='snap_preview'><p><img src='http://tctechcrunch.files.wordpress.com/2010/05/citydeal.jpg' class="snap_nopreview shot" alt="" />Daily deal service <a href="http://www.groupon.com">Groupon</a>, hot off a new funding that valued the company at <a href="http://techcrunch.com/2010/04/18/its-official-groupon-announces-that-1-35-billion-valuation-round/">$1.35 billion</a>, may not love all those <a href="http://techcrunch.com/2010/04/07/groupon-ceo-on-attack-of-the-clones-video/">clones of its service out there</a>. But they&#8217;re certainly being realistic about things &#8211; tomorrow they&#8217;ll announce the acquisition of German startup <a href="http://www.crunchbase.com/company/citydeal-de">Citydeal,</a> CEO <a href="http://www.crunchbase.com/person/andrew-mason">Andrew Mason</a> just called to tell me.</p>
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+ <p>Citydeal first launched in January, raised <a href="http://www.crunchbase.com/company/citydeal-de">€4 million</a> in funding, and now has offers in 80 European cities. They have over a million subscribers to their daily deals, says Mason, compared to about 5 million for Groupon. Citydeal&#8217;s 600 employees will join Groupon&#8217;s 300 or so, and the combined company will now operate in 18 countries and 140 cities.</p>
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+ <p>The Citydeal services will be rebranded Groupon. Currently each city is under a different domain name and there are some variations on the name &#8211; see <a href="http://www.citydeal.de/">citydeal.de</a> and <a href="http://www.mycitydeal.co.uk/">mycitydeal.co.uk</a>, for example.</p>
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+ <p>This is Groupon&#8217;s second acquisition. Earlier this month they <a href="http://techcrunch.com/2010/05/05/groupon-buys-mob-ly-opens-silicon-valley-office/">acquired Mob.ly and opened a Silicon Valley office</a>.</p>
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+ <p><a href="http://eu.techcrunch.com/2010/05/16/breaking-groupon-acquires-german-clone-citydeal/">More at TechCrunch EU</a>.</p>
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+ <div class="cbw snap_nopreview"><div class="cbw_header"><script src="http://www.crunchbase.com/javascripts/widget.js" type="text/javascript"></script><div class="cbw_header_text"><a href="http://www.crunchbase.com/">CrunchBase Information</a></div></div><div class="cbw_content"><div class="cbw_subheader"><a href="http://www.crunchbase.com/company/groupon">Groupon</a></div><div class="cbw_subcontent"><script src="http://www.crunchbase.com/cbw/company/groupon.js" type="text/javascript"></script></div><div class="cbw_footer">Information provided by <a href="http://www.crunchbase.com/">CrunchBase</a></div></div></div>
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+ <div class="cbw snap_nopreview"><div class="cbw_header"><script src="http://www.crunchbase.com/javascripts/widget.js" type="text/javascript"></script><div class="cbw_header_text"><a href="http://www.crunchbase.com/">CrunchBase Information</a></div></div><div class="cbw_content"><div class="cbw_subheader"><a href="http://www.crunchbase.com/company/citydeal-de">Citydeal.de</a></div><div class="cbw_subcontent"><script src="http://www.crunchbase.com/cbw/company/citydeal-de.js" type="text/javascript"></script></div><div class="cbw_footer">Information provided by <a href="http://www.crunchbase.com/">CrunchBase</a></div></div></div>
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+ <div id="comments_area">
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+ <h2>Comments <a href='http://techcrunch.com/2010/05/16/groupon-invades-europe-with-acquisition-of-citydeal/feed/'><img height="16" width="16" alt="rss icon" src="http://s2.wp.com/wp-content/themes/vip/tctechcrunch/images/rss.png?m=1265111136g" /></a></h2>
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+ <ul class="commentlist">
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+ <li id="comment-1087815" class="comment even thread-even depth-1">
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+ <div id="div-comment-1087815">
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+ <div class="comment_header ">
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+
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+ <div class="comment_header_right">
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+ <span class="comment_author vcard"><a href="http://www.thestartup.eu" rel="external nofollow" class="url">stefanobernardi</a></span>
292
+ -
293
+ <a class="comment_permalink" href="#comment-1087815">May 16th, 2010 at 2:07 pm UTC</a>
294
+ </div>
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+ </div>
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+ <div class="comment_body">
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+ <div class="comment_content">
298
+ <p>That was easily predictable. CityDeal was the only one covering most of Europe.<br />
299
+ Now good luck to other ones trying to clone it.</p>
300
+ </div>
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+ <div class="comment_reply">
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+ <a rel='nofollow' class='comment-reply-link' href='/2010/05/16/groupon-invades-europe-with-acquisition-of-citydeal/?replytocom=1087815#addcomment' onclick='return addComment.moveForm("comment-1087815", "1087815", "addcomment", "180906")'>reply</a> </div>
303
+ </div>
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+ </div>
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+ </li>
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+ <li id="comment-1087820" class="comment odd alt thread-odd thread-alt depth-1">
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+ <div id="div-comment-1087820">
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+ <div class="comment_header ">
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+
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+ <div class="comment_header_right">
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+ <span class="comment_author vcard"><a href="http://www.webrazzi.com" rel="external nofollow" class="url">Arda Kutsal</a></span>
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+ -
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+ <a class="comment_permalink" href="#comment-1087820">May 16th, 2010 at 2:11 pm UTC</a>
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+ </div>
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+ </div>
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+ <div class="comment_body">
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+ <div class="comment_content">
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+ <p>CityDeal sent the press release and we published the acqusition on Webrazzi (in Turkish). <a href="http://www.webrazzi.com/2010/05/16/groupon-citydeali-satin-aldi-groupon-turkiyede-sehirfirsati-com-oldu/" rel="nofollow"></a><a href="http://www.webrazzi.com/2010/05/16/groupon-cityde.." rel="nofollow">http://www.webrazzi.com/2010/05/16/groupon-cityde..</a>.<br />
319
+ Briefly, Groupon acquired %100 of CityDeal and they didn&#039;t announce the deal value.</p>
320
+ </div>
321
+ <div class="comment_reply">
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+ <a rel='nofollow' class='comment-reply-link' href='/2010/05/16/groupon-invades-europe-with-acquisition-of-citydeal/?replytocom=1087820#addcomment' onclick='return addComment.moveForm("comment-1087820", "1087820", "addcomment", "180906")'>reply</a> </div>
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+ </div>
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+ </div>
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+ </li>
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+ <li id="comment-1087832" class="comment even thread-even depth-1">
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+ <div id="div-comment-1087832">
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+ <div class="comment_header ">
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+
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+ <div class="comment_header_right">
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+ <span class="comment_author vcard"><a href="http://www.carmio.de" rel="external nofollow" class="url">Cord</a></span>
332
+ -
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+ <a class="comment_permalink" href="#comment-1087832">May 16th, 2010 at 2:24 pm UTC</a>
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+ </div>
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+ </div>
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+ <div class="comment_body">
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+ <div class="comment_content">
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+ <p>City Deal is a<a href="http://www.rocket-internet.de/beteiligungen.html" rel="nofollow">http://www.rocket-internet.de/beteiligungen.html</a> company. They are famous for fast and well organized copycats. -&gt; Check out<a href="http://www.zalando.de" rel="nofollow">http://www.zalando.de</a> (Zappos clone) for example.</p>
339
+ </div>
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+ <div class="comment_reply">
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+ <a rel='nofollow' class='comment-reply-link' href='/2010/05/16/groupon-invades-europe-with-acquisition-of-citydeal/?replytocom=1087832#addcomment' onclick='return addComment.moveForm("comment-1087832", "1087832", "addcomment", "180906")'>reply</a> </div>
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+ </div>
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+ </div>
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+ </li>
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+ <li id="comment-1087893" class="comment odd alt thread-odd thread-alt depth-1">
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+ <div id="div-comment-1087893">
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+ <div class="comment_header ">
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+
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+ <div class="comment_header_right">
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+ <span class="comment_author vcard"><a href="http://loiclemeur.com" rel="external nofollow" class="url">Loic</a></span>
351
+ -
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+ <a class="comment_permalink" href="#comment-1087893">May 16th, 2010 at 10:20 pm UTC</a>
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+ </div>
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+ </div>
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+ <div class="comment_body">
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+ <div class="comment_content">
357
+ <p>Hey Mike, groupon might have clones, but don&#039;t forget it&#039;s a clone itself of Vente Privee, the hugely successful french company you met at LeWeb but everyone seems to be forgetting about.</p>
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+ </div>
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+ <div class="comment_reply">
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+ <a rel='nofollow' class='comment-reply-link' href='/2010/05/16/groupon-invades-europe-with-acquisition-of-citydeal/?replytocom=1087893#addcomment' onclick='return addComment.moveForm("comment-1087893", "1087893", "addcomment", "180906")'>reply</a> </div>
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+ </div>
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+ </div>
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+ <ul class='children'>
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+ <li id="comment-1087918" class="comment even depth-2">
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+ <div id="div-comment-1087918">
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+ <div class="comment_header ">
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+
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+ <div class="comment_header_right">
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+ <span class="comment_author vcard">Chris</span>
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+ -
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+ <a class="comment_permalink" href="#comment-1087918">May 16th, 2010 at 3:43 pm UTC</a>
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+ </div>
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+ </div>
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+ <div class="comment_body">
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+ <div class="comment_content">
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+ <p>@Loic:<br />
377
+ I guess you can&#039;t compare Vente Privee with Groupon 1:1 (altough you&#039;re right that their business models share the same fundamental idea). </p>
378
+ <p>@all:<br />
379
+ As I&#039;m from Germany, I observed the success of the german Groupon Clones since their launch. What I really missed (until I read today about the deal) is that CityDeal claims that they employ 600 people. Are this 600 real employees (or some kind of freelance sales employees)?</p>
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+ </div>
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+ <div class="comment_reply">
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+ <a rel='nofollow' class='comment-reply-link' href='/2010/05/16/groupon-invades-europe-with-acquisition-of-citydeal/?replytocom=1087918#addcomment' onclick='return addComment.moveForm("comment-1087918", "1087918", "addcomment", "180906")'>reply</a> </div>
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+ </div>
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+ </div>
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+ </li>
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+ <li id="comment-1087922" class="comment odd alt depth-2">
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+ <div id="div-comment-1087922">
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+ <div class="comment_header ">
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+
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+ <div class="comment_header_right">
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+ <span class="comment_author vcard">Dave</span>
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+ -
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+ <a class="comment_permalink" href="#comment-1087922">May 16th, 2010 at 3:50 pm UTC</a>
394
+ </div>
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+ </div>
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+ <div class="comment_body">
397
+ <div class="comment_content">
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+ <p>the french are doing something? just not on anyone&#039;s radar&#8230;</p>
399
+ </div>
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+ <div class="comment_reply">
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+ <a rel='nofollow' class='comment-reply-link' href='/2010/05/16/groupon-invades-europe-with-acquisition-of-citydeal/?replytocom=1087922#addcomment' onclick='return addComment.moveForm("comment-1087922", "1087922", "addcomment", "180906")'>reply</a> </div>
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+ </div>
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+ </div>
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+ </li>
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+ <li id="comment-1087924" class="comment even depth-2">
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+ <div id="div-comment-1087924">
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+ <div class="comment_header ">
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+
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+ <div class="comment_header_right">
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+ <span class="comment_author vcard"><a href="http://intensedebate.com/profiles/tcmikebutcher" rel="external nofollow" class="url">Mike Butcher</a></span>
411
+ -
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+ <a class="comment_permalink" href="#comment-1087924">May 16th, 2010 at 10:51 pm UTC</a>
413
+ </div>
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+ </div>
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+ <div class="comment_body">
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+ <div class="comment_content">
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+ <p>Loic is right. Groupon is a US clone of Vente Privee, a European original, which is now buying a European clone of a US clone&#8230;</p>
418
+ </div>
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+ <div class="comment_reply">
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+ <a rel='nofollow' class='comment-reply-link' href='/2010/05/16/groupon-invades-europe-with-acquisition-of-citydeal/?replytocom=1087924#addcomment' onclick='return addComment.moveForm("comment-1087924", "1087924", "addcomment", "180906")'>reply</a> </div>
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+ </div>
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+ </div>
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+ </li>
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+ <li id="comment-1087981" class="comment odd alt depth-2">
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+ <div id="div-comment-1087981">
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+ <div class="comment_header ">
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+
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+ <div class="comment_header_right">
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+ <span class="comment_author vcard"><a href="http://www.exponetial.com" rel="external nofollow" class="url">YM Ousley</a></span>
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+ -
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+ <a class="comment_permalink" href="#comment-1087981">May 16th, 2010 at 4:40 pm UTC</a>
432
+ </div>
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+ </div>
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+ <div class="comment_body">
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+ <div class="comment_content">
436
+ <p>There are definite similarities, especially since Vente Privee regularly has non-clothing deals, but Gilt seems closer to a direct clone of the model than Groupon.</p>
437
+ </div>
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+ <div class="comment_reply">
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+ <a rel='nofollow' class='comment-reply-link' href='/2010/05/16/groupon-invades-europe-with-acquisition-of-citydeal/?replytocom=1087981#addcomment' onclick='return addComment.moveForm("comment-1087981", "1087981", "addcomment", "180906")'>reply</a> </div>
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+ </div>
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+ </div>
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+ </li>
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+ </ul>
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+ </li>
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+ <li id="comment-1087808" class="comment even thread-even depth-1">
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+ <div id="div-comment-1087808">
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+ <div class="comment_header ">
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+
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+ <div class="comment_header_right">
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+ <span class="comment_author vcard"><a href="http://www.spirofrog.de/blog" rel="external nofollow" class="url">Thomas</a></span>
451
+ -
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+ <a class="comment_permalink" href="#comment-1087808">May 16th, 2010 at 4:04 pm UTC</a>
453
+ </div>
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+ </div>
455
+ <div class="comment_body">
456
+ <div class="comment_content">
457
+ <p>Chapeau, great deal the &#8216; jamba &#8216; brothers did it again. Congrats !</p>
458
+ </div>
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+ <div class="comment_reply">
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+ <a rel='nofollow' class='comment-reply-link' href='/2010/05/16/groupon-invades-europe-with-acquisition-of-citydeal/?replytocom=1087808#addcomment' onclick='return addComment.moveForm("comment-1087808", "1087808", "addcomment", "180906")'>reply</a> </div>
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+ </div>
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+ </div>
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+ <ul class='children'>
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+ <li id="comment-1087977" class="comment odd alt depth-2">
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+ <div id="div-comment-1087977">
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+ <div class="comment_header ">
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+
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+ <div class="comment_header_right">
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+ <span class="comment_author vcard">Jan</span>
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+ -
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+ <a class="comment_permalink" href="#comment-1087977">May 16th, 2010 at 4:35 pm UTC</a>
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+ </div>
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+ </div>
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+ <div class="comment_body">
475
+ <div class="comment_content">
476
+ <p>Jamba was just annoying. Yes, the Samwer-brothers make money, but whats the price?</p>
477
+ </div>
478
+ <div class="comment_reply">
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+ <a rel='nofollow' class='comment-reply-link' href='/2010/05/16/groupon-invades-europe-with-acquisition-of-citydeal/?replytocom=1087977#addcomment' onclick='return addComment.moveForm("comment-1087977", "1087977", "addcomment", "180906")'>reply</a> </div>
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+ </div>
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+ </div>
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+ </li>
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+ </ul>
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+ </li>
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+ <li id="comment-1088002" class="comment even thread-odd thread-alt depth-1">
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+ <div id="div-comment-1088002">
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+ <div class="comment_header ">
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+
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+ <div class="comment_header_right">
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+ <span class="comment_author vcard"><a href="http://www.cdnpal.com" rel="external nofollow" class="url">Christopher</a></span>
491
+ -
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+ <a class="comment_permalink" href="#comment-1088002">May 16th, 2010 at 4:57 pm UTC</a>
493
+ </div>
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+ </div>
495
+ <div class="comment_body">
496
+ <div class="comment_content">
497
+ <p>Groupon is a virtual entity with a lot of adwords cash and no actual product.<br />
498
+ While this may have worked for Google, it won&#039;t work for Groupon. </p>
499
+ <p>The money will run out. I repeat, the money *will* run out. All the human trafficking, black market weapons sales and drug trade in the world can&#039;t finance this model.</p>
500
+ </div>
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+ <div class="comment_reply">
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+ <a rel='nofollow' class='comment-reply-link' href='/2010/05/16/groupon-invades-europe-with-acquisition-of-citydeal/?replytocom=1088002#addcomment' onclick='return addComment.moveForm("comment-1088002", "1088002", "addcomment", "180906")'>reply</a> </div>
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+ </div>
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+ </div>
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+ <ul class='children'>
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+ <li id="comment-1088033" class="comment odd alt depth-2">
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+ <div id="div-comment-1088033">
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+ <div class="comment_header ">
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+
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+ <div class="comment_header_right">
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+ <span class="comment_author vcard"><a href="http://twitter.com/andrewmason" rel="external nofollow" class="url">@andrewmason</a></span>
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+ -
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+ <a class="comment_permalink" href="#comment-1088033">May 16th, 2010 at 5:20 pm UTC</a>
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+ </div>
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+ </div>
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+ <div class="comment_body">
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+ <div class="comment_content">
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+ <p>You&#039;re totally right &#8211; why are you the only one who gets it?</p>
519
+ </div>
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+ <div class="comment_reply">
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+ <a rel='nofollow' class='comment-reply-link' href='/2010/05/16/groupon-invades-europe-with-acquisition-of-citydeal/?replytocom=1088033#addcomment' onclick='return addComment.moveForm("comment-1088033", "1088033", "addcomment", "180906")'>reply</a> </div>
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+ </div>
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+ </div>
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+ </li>
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+ </ul>
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+ </li>
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+ <li id="comment-1088007" class="comment even thread-even depth-1">
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+ <div id="div-comment-1088007">
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+ <div class="comment_header ">
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+
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+ <div class="comment_header_right">
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+ <span class="comment_author vcard"><a href="http://twitter.com/andrewmason" rel="external nofollow" class="url">@andrewmason</a></span>
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+ -
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+ <a class="comment_permalink" href="#comment-1088007">May 16th, 2010 at 5:02 pm UTC</a>
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+ </div>
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+ </div>
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+ <div class="comment_body">
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+ <div class="comment_content">
539
+ <p>Groupon is not a clone of Vente Privee &#8211; we didn&#039;t even know what it was when we started, and I&#039;ve still never actually seen anything beyond their splash page. Vente Privee sells fashion products, we sell local experiences. Gilt is the U.S. clone of Vente Privee. </p>
540
+ <p>If I was intent on accusing Groupon of being a clone, I would say it was a combination of Woot (one deal a day on consumer electronics) and Daily Candy (a daily email on local stuff) and The Point (group buying/collective action, and the site out of which Groupon evolved).</p>
541
+ </div>
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+ <div class="comment_reply">
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+ <a rel='nofollow' class='comment-reply-link' href='/2010/05/16/groupon-invades-europe-with-acquisition-of-citydeal/?replytocom=1088007#addcomment' onclick='return addComment.moveForm("comment-1088007", "1088007", "addcomment", "180906")'>reply</a> </div>
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+ </div>
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+ </div>
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+ <ul class='children'>
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+ <li id="comment-1088608" class="comment odd alt depth-2">
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+ <div id="div-comment-1088608">
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+ <div class="comment_header ">
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+ <div class="comment_header_right">
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+ <span class="comment_author vcard">Gerardo Giacoman</span>
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+ -
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+ <a class="comment_permalink" href="#comment-1088608">May 17th, 2010 at 12:00 am UTC</a>
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+ </div>
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+ </div>
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+ <div class="comment_body">
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+ <div class="comment_content">
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+ <p>Andrew, congrats on the big news. </p>
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+ <p>As a fan of what you&#039;ve accomplished so far and your general demeanor, I think it would be high of you if you could at this point concede that these &quot;clones&quot; that you keep bad-mouthing are creating real value; value that you&#039;re willing to pay for. </p>
561
+ <p>It seems undesirable that the rest of the world should have to wait for you to decide to bring your business idea to their geography. If consumer internet companies want an alternative to international expansion through acquisition, you should consider deploying faster or licensing early on and creating/nurturing your own clones which benefit from the technology and accumulated learning of the parent company, but are adapted to local conditions and cost structures.</p>
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+ </div>
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+ <div class="comment_reply">
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+ <a rel='nofollow' class='comment-reply-link' href='/2010/05/16/groupon-invades-europe-with-acquisition-of-citydeal/?replytocom=1088608#addcomment' onclick='return addComment.moveForm("comment-1088608", "1088608", "addcomment", "180906")'>reply</a> </div>
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+ </div>
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+ </div>
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+ </ul>
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+ </li>
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+ <li id="comment-1088019" class="comment even thread-odd thread-alt depth-1">
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+ <div id="div-comment-1088019">
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+ <div class="comment_header ">
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+
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+ <div class="comment_header_right">
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+ <span class="comment_author vcard"><a href="http://impulsemagazine.net" rel="external nofollow" class="url">Impulse Magazine</a></span>
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+ -
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+ <a class="comment_permalink" href="#comment-1088019">May 16th, 2010 at 5:11 pm UTC</a>
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+ </div>
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+ </div>
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+ <div class="comment_body">
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+ <div class="comment_content">
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+ <p>Let the Groupon takeover begin. They already generate 1 million a week in revenue</p>
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+ </div>
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+ <div class="comment_reply">
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+ <a rel='nofollow' class='comment-reply-link' href='/2010/05/16/groupon-invades-europe-with-acquisition-of-citydeal/?replytocom=1088019#addcomment' onclick='return addComment.moveForm("comment-1088019", "1088019", "addcomment", "180906")'>reply</a> </div>
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+ <li id="comment-1088107" class="comment odd alt thread-even depth-1">
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+ <div class="comment_header ">
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+ <div class="comment_header_right">
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+ <span class="comment_author vcard"><a href="http://simmerdown" rel="external nofollow" class="url">Alen</a></span>
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+ -
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+ <a class="comment_permalink" href="#comment-1088107">May 16th, 2010 at 6:51 pm UTC</a>
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+ </div>
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+ </div>
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+ <div class="comment_body">
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+ <div class="comment_content">
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+ <p>Simmer down all of you. You can call each other names such as clone. In the end, groupon is the market leader. Whether or not they got the inspiration from Mercata or other companies, really doesnt make a difference. </p>
602
+ <p>They made it work. Kudos Andrew and team. </p>
603
+ <p>One request: the other firms aren&#8217;t clones. Only the couple that replicate your site are. </p>
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+ <p>Congrats! </p>
605
+ <p>-Sent via TechCrunch App</p>
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+ </div>
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+ <div class="comment_reply">
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+ <a rel='nofollow' class='comment-reply-link' href='/2010/05/16/groupon-invades-europe-with-acquisition-of-citydeal/?replytocom=1088107#addcomment' onclick='return addComment.moveForm("comment-1088107", "1088107", "addcomment", "180906")'>reply</a> </div>
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+ <span class="comment_author vcard"><a href="http://www.gong-ming.com" rel="external nofollow" class="url">John So</a></span>
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+ -
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+ <a class="comment_permalink" href="#comment-1088390">May 16th, 2010 at 8:16 pm UTC</a>
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+ </div>
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+ </div>
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+ <div class="comment_body">
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+ <div class="comment_content">
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+ <p>Groupon at 1.3B is nuts</p>
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+ </div>
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+ <div class="comment_reply">
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+ <a rel='nofollow' class='comment-reply-link' href='/2010/05/16/groupon-invades-europe-with-acquisition-of-citydeal/?replytocom=1088390#addcomment' onclick='return addComment.moveForm("comment-1088390", "1088390", "addcomment", "180906")'>reply</a> </div>
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+ <div class="comment_header ">
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+ <span class="comment_author vcard"><a href="http://www.wowcher.co.uk" rel="external nofollow" class="url">Nick</a></span>
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+ -
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+ <a class="comment_permalink" href="#comment-1088525">May 16th, 2010 at 10:30 pm UTC</a>
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+ </div>
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+ <div class="comment_body">
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+ <p>Its about time Andrew Mason stopped wittering on about &quot;clones&quot; and &quot;knockoffs&quot; grew up a bit and referred to his competitors as what they are, competitors. Does he really think he has a god given right to the global concept of group buying. There are other countries out there Andrew other than America. Citydeals only intention from the outset was to sell the business to Groupon. My guess is that this sale will prove to be as good as the US subprime property portfolios that was dumped on the rest of the world by America. Well Andrew welcome to Britain. As the owner of Wowcher.co.uk I welcome you. The way I see it is that we simply have a re-named competitor who at least might raise awareness of the whole concept, spend loads of cash advertising and generate a ton of free publicity for us. You wont get your usual 50% commission here either, at least not if you want to compete with your competitors.</p>
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+ </div>
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+ <div class="comment_reply">
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+ <a rel='nofollow' class='comment-reply-link' href='/2010/05/16/groupon-invades-europe-with-acquisition-of-citydeal/?replytocom=1088525#addcomment' onclick='return addComment.moveForm("comment-1088525", "1088525", "addcomment", "180906")'>reply</a> </div>
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+ <div class="comment_header_right">
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+ <span class="comment_author vcard">Joshua Tree</span>
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+ -
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+ <a class="comment_permalink" href="#comment-1088565">May 16th, 2010 at 11:20 pm UTC</a>
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+ </div>
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+ </div>
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+ <div class="comment_body">
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+ <div class="comment_content">
662
+ <p>600 employees? Michael, you are kidding. But Groupon theme is thriving on Techcrunch nevertheless. OK, Silicon Valley is not just Twitter, Facebook, groupons etc whatever. There is something else out there. For example, there is one small start up which strikes a deals with largest mobile carriers in US and Europe during the first 2010Q. Multi million deals, btw. Real product, real money. Hint: this start up is from Mountain View? I bet you have never heard about it.</p>
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+ </div>
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+ <a rel='nofollow' class='comment-reply-link' href='/2010/05/16/groupon-invades-europe-with-acquisition-of-citydeal/?replytocom=1088565#addcomment' onclick='return addComment.moveForm("comment-1088565", "1088565", "addcomment", "180906")'>reply</a> </div>
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+ </div>
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+ </li>
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+ <li id="comment-1088615" class="comment odd alt thread-even depth-1">
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+ <div class="comment_header ">
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+ <span class="comment_author vcard"><a href="http://citydeal.it" rel="external nofollow" class="url">lorenzo</a></span>
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+ -
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+ <a class="comment_permalink" href="#comment-1088615">May 17th, 2010 at 12:06 am UTC</a>
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+ </div>
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+ </div>
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+ <div class="comment_body">
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+ <div class="comment_content">
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+ <p>yeah 600 employees in Europe sounds right to me (i manage citydeal Italy)</p>
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