Cuponica Acquires Clickae, Dramatically Expanding Daily Deals Business in Brazil

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Over 600,000 Consumers Now Registered to Receive Discounts and Offers from Over 3,000 Brazilian Merchants

The combined company now provides consumers with 1,000 daily offers from over 3,000 merchants.

Cuponica, a leader in daily deals and merchant discounts across Latin America, today announced the acquisition of Clickae, a leader in online daily deals and offers in Brazil. The addition of Clickae’s registered users, merchants and experienced team substantially enhances Cuponica’s footprint in Brazil. The combined company now provides over 600,000 enrolled consumers with 1,000 daily offers from over 3,000 merchants. Cuponica’s offers are available on the Web at http://www.cuponica.com and http://www.clickae.com.br/

“We are thrilled to welcome Clickae’s team and customers to the Cuponica family,” said Rodrigo Teijeiro, CEO of Fnbox, the Internet holding company that operates Cuponica. “Over half a million subscribers a month now access our web sites in Brazil alone, providing incredible value for consumers and merchants alike.”

Examples of recent daily deals through the Cuponica platform include:

Prior to the Clickae acquisition, most of Cuponica’s users and merchants were concentrated in Sao Paulo. Now Cuponica has local offers in over 15 cities in Brazil and will continue to drive further regional expansion in the area.

“Earlier this year, we forged a co-marketing and technology partnership with Cuponica, using their platform to better optimize our lead generation and payments processing efforts,” said Vinicius Villarinho, former CEO of Clickae who joins Cuponica as General Manager of Cuponica Brazil. “After getting to know the team, and discovering how our two businesses in Brazil complemented each other so well, we decided to join forces permanently and we are very excited about the outcome and what lies ahead.”

About Cuponica
Cuponica is a leader in daily deals across Latin America and is an operating company of Fnbox. Fnbox, headquartered in Buenos Aires, operates several leading online businesses in Latin America including Recarga.com (mobile top-up), Sonico.com (LATAM social network with 55M users), Winkal.com (social entertainment platform), Cuponica.com (daily deals) and Cloncom.com (calling cards). Fnbox combines technology, marketing, design and innovation to scale new businesses at Internet speed. The company has been recognized for 5 years in a row as a “Great Place to Work” and is backed by DN Capital and other leading technology investors.

About Clickae
Clickae is a leader in online daily deals, merchant offers and discounts in Brazil. Founded in 2011, the company operates in 15 cities in Brazil including Rio de Janeiro, Sao Paulo and Brasilia.

Spanish version: http://www.fnbox.com/press-releases/201310clickae-es.php

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