Thailand (Vocus) August 9, 2010
Thailand's First and Only Social Commerce Site 'Ensogo' has Closed an Investment Round of USD 2 Million from Investors, led by European Group Buying Conglomerate, Rebate Networks.
'Ensogo' is derived from the words Entertain, Social, and Go, and is dedicated to offering its members amazing lifestyle deals on unique and interesting things to do, experience, buy and eat around their city at significant discounts of up to 90% off. The company was founded in February 2010 and is committed to helping local businesses reach the fast growing group of millions of internet users and deliver real revenues for the company's cooperation partners. To make a real difference beyond business, Ensogo and its partners promote social responsibility by donating 3% of their revenues to charity.
"Our platform is developed by our dedicated team comprised of Social Media and Social Commerce experts who have extensive experience in international on-line businesses," says Paul Srivorakul, CEO and Co-Founder of Ensogo. "Ensogo utilizes the power of social commerce to bring great deals to consumers on the internet. Local businesses greatly benefit from ‘performance marketing’ with guaranteed results, with local charities receiving valuable support through donations. It's an absolute win-win for everyone and helps to boost local economies.'
The company is the market leader in Thailand, the Philippines and Indonesia with a strong management team possessing a proven and successful track record of 8 years in online marketing and technology within South East Asia.
About Rebate Networks
Rebate Networks, whose portfolio includes DailyDeal in Europe, Lashou in China, Piku in Japan, and Deal in Singapore are strategically expanding into South East Asia with investments in innovative and performing market leaders. Combining Ensogo's vast knowledge of the local markets and the experience of Rebate Networks in the area of Social Commerce will greatly benefit local consumers and businesses.
For more information, please contact Paul Srivorakul on +662-632-1001