Groupon Acquires Ideeli for $43M
Summary
Groupon (NASDAQ: GRPN) acquired Ideeli, a NYC-based online retail site, for $43m.As said by CEO Eric Lefkofsky, Ideeli will help Groupon extend its fashion presence.Launched in June 2007 and led by Stefan Pepe, Chief Executive Officer, ideeli is an online retailer with more than 6 million members and more than 1,000 brand partners.It has raised the following rounds: 06/07/2013: ideeli received $12M in Series E funding 21/06/2012: Ideeli Latest Round Brings Total Raised to Nearly $100 Million 30/04/2011: ideeli Closes $41M Series C Financing 08/12/2009: Ideeli Closes 20M Series B Round of Financing 16/12/2007: Ideeli: It’s Woot.com meets ‘The Devil Wears Prada’ FinSMEs 13/01/2014
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