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Munich-based Global Savings Group acquires London-based money saving browser extension startup Pouch

Editorial team by Editorial team
January 8, 2019
in E-commerce, Internet of things, News, Startups
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London-based shopping tool and browser extension startup Pouch has been taken over by Global Savings Group. Pouch offers the best voucher codes across ecommerce platforms for buyers. The sum of acquirement is not been disclosed by either party.

Pouch co-founder Jonny Plein stated: “We know how frustrating it can be to spend ages looking for voucher codes and never knowing if you got the best deal. Pouch allows our users to shop with the confidence that they are always getting the biggest saving, without wasting time searching for deals across the internet. We are incredibly excited to join the Global Savings Group family and continue to improve our products and build new tools that help people save time and money when shopping online.”

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Global Savings Group is a PubTech platform for commerce content that enables world’s leading publishers to generate revenues by offering recommendations, deals and discounts to consumers. The company assists buyers from more than 20 countries spawning a reach of millions of target consumers for the advertisers.

Headquartered in Munich, Global Savings Group was founded in 2012 by Adrian Renner, Andreas Fruth and Gerhard Trautmann. With team strength over 400, the company channels more than 1.5 million purchases every month. It raised €35.2 million in funding from Rocket Internet, Holtzbrinck Ventures, ru-net, New Enterprise Associates, Silicon Valley Bank and Deutsche Bank. In 2016, the company changed its name from CupoNation Group to Global Savings Group.

Pouch was established in 2015 by Ben Corrigan, Jonny Plein and Vikram Simha. The platform saves time and money of customers by delivering the best deals scrutinising more than 3000 e-commerce websites including Amazon, ebay, GoDaddy, Dominos and Goldsmiths. The startup has earned credibility in the ecommerce arena and has been featured in BBC Dragons’ Den, Forbes, Independent and Daily Mail.

Regarding the acquirement, Co-founder and Managing Director of Global Savings Group, Gerhard Trautmann expressed: “The team at Pouch will make an excellent addition to our fast-growing team of 400+ tech enthusiasts, and we look forward to improving the Pouch proposition as well as incorporating their fantastic technology as part of our white label offering for our publishers.”

Stay tuned to Silicon Canals for more updates in the tech startup world.

Did you know you can post your job for free on our job board? If you require extra promotion, reach out to [email protected] for a discounted offer

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28apr(apr 28)12:1331may(may 31)12:13FeaturedApplications for Techleap.nl’s Rise Batch 8 are open now

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Are you an ambitious scaleup operating out of the Netherlands? Accelerate your growth with Techleap.nl’s Rise programme. Join their Batch #8!

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Are you an ambitious scaleup operating out of the Netherlands? Accelerate your growth with Techleap.nl’s Rise programme. Join their Batch #8!

Rise is an exclusive programme for serious tech players. In a trusted environment, scaleup founders share and discuss their growth challenges during tailor-made sessions with experienced entrepreneurs and scaling experts. Every quarter we select 10 companies to join the programme. It’s free, and we don’t seek equity. Check now if your company is eligible!

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We invite you, inspiring entrepreneurs, daring investors and bold corporates to connect in Rotterdam.Welcome to the third edition of Upstream in

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Welcome to the third edition of Upstream in Rotterdam

This year, over the course of 3 days, more than 40 co-creation partners have lined up 40+ events boasting more than 30 speakers with one thing in common: to promote and underline the necessity of a transition to a future proof economy.

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31mayAll Day02junFeaturedAre you ready for UpStream Festival 2022?

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We invite you, inspiring entrepreneurs, daring investors and bold corporates to connect in Rotterdam.Welcome to the third edition of Upstream in

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We invite you, inspiring entrepreneurs, daring investors and bold corporates to connect in Rotterdam.

Welcome to the third edition of Upstream in Rotterdam

This year, over the course of 3 days, more than 40 co-creation partners have lined up 40+ events boasting more than 30 speakers with one thing in common: to promote and underline the necessity of a transition to a future proof economy.

Once again, the Rotterdam Metropolitan Area will transform into the place where startups, scale-ups, investors, bold corporates, policy makers and students come together to make a positive impact in the world. Are you one of them?

We invite you, inspiring entrepreneurs, daring investors and bold corporates to share, connect and create meaningful innovations for sustainable growth.

Save the date in your agenda and become a part of Upstream 2022!

Connecting the frontrunners. Introducing the changemakers. Driving a future proof economy

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3 days, 30+ speakers, 40+ events.

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  • Join one of 10 independently organized events.

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  • Meet 20+ scale-ups with 1200+ jobs during the Career Fair. 
  • Listen to inspiring fireside chats on talent with Esther O’ Callaghan (Hundo Careers), Jeroen Klerkx (Picnic), Constantijn van Oranje (Techleap) and others.
  • Join one of 13 independently organized events.

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  • Meet 30+ leading corporate buyers during Meet the Buyer.
  • Listen to inspiring fireside chats on international growth with speakers including Vivienne de Leeuw (Port of Rotterdam), Djordy Seelmann (Housing Anywhere) and Bas van Abel (Fairphone).
  • Join one of 15 independently organized events and the official closing party in Bird.

Join the daily networking drinks 17:30 – 18:30 in Bird Rotterdam.

Check out the programme here. The 3-day pass costs €45. However, you can get a 15 per cent discount on getting your ticket via Silicon Canals here.

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Taets Art and Events ParkHemskade 16, 1506 PR Zaandam

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