SingTel Launches Daily Deals On inSing

Another daily deal site has popped out. SuperDeals resides on inSing.com, a portal that is run by SingTel Digital Media, a wholly owned subsidiary of telecommunications giant, SingTel. Read more

Groupon Sets Foot in Asia!

Groupon has announced the launch of Groupon Singapore, Philippines, Hong Kong and Taiwan through the acquisition of daily deal sites: Beeconomic (Singapore and Philippines), uBuyiBuy (Hong Kong) and Atlaspost (Taiwan).

The terms of the deals have not yet been disclosed. Read more

Deal.com.sg Raises Additional USD 1M From Rebate Networks

Today Deal.com.sg announced that it has raised an additional US$1 million from its current investors, Rebate Networks, to further expand its leadership position in Singapore’s daily deal market. They have reached more than SGD 350K (USD 272K) in monthly sales within 5 months of operations. Read more

DEAL.com.sg To Close Financing Round

We just confirmed with the founders of local daily deal site DEAL.com.sg that they just signed a financing round and hope to close it within the coming two weeks. The money will go into both DEAL.com.sg and its Malaysian counterpart, MyDeal.com.my. Not much detail yet though either all or part of the investment is by a group of private investors that is also involved in other leading Asian daily deal sites such as the Chinese market leader Lashou and the Japanese one Piku.jp. They promised to update again with (hopefully) good news and more details soon.