RomanianStartups.com

The Romanian Internet Tech Startups Directory

CautaReduceri.ro
Acquired
City: Bucharest
Country: Romania

Romania first daily deal aggregator

Description

CautaReduceri.ro was launched literally overnight, just when the daily deals market began it’s invasion on the romanian market in October 2010. At the time, only 4 daily deal sites existed so the site was pretty basic and it didn’t earn any revenue.
A couple of months later, the number of sites rose to 20 and CautaReduceri saw exponential growth, both in terms of traffic and revenue, since the first affiliate deals were signed.
Internet Corp acquired 50% of the business at a time where the profit margin was around 90%. One year later, the entire company was sold to Adulmec LLC, CautaReduceri’s main competitor, controlled by american founders.

Category
Funding to date
Profitable
Employees
Under 10
Looking for...
Other opportunities
Address
Bucharest, Romania

Founders
Matei Pavel
(No longer with the company)
Google maps
Other startups from Search, E-Commerce
Gigopedia
Customizable website for small services
Kloudstores
Everything you need to start selling today. Create your online store in minutes.
ThePriceMiner
ThePriceMiner monitors competitor prices in order to increase your sales and better understand your market.
Recently added startups
Alien Labs
Note-taking for technical teams
Jinks
Jinks app brings you alerts and notifications about funny news.
Listit.ro
List It is an online marketplace specifically designed to buy and sell electronics, combining the safety and effectiveness of an online store.

Get RomanianStartups.com news
in your inbox

Subscribe to our mailing list and get updates to your email inbox.