Tuesday, 5 June 2012

OZSale.com.au Acquires Competitor Buyinvite.com.au - Startupsmart.cm.au

OzSale acquires market competitor Buyinvite
By Michelle HammondMonday, 04 June 2012
Australian online shopping club OzSale.com.au has acquired market competitor Buyinvite.com.au for an undisclosed sum, as it ramps up its operations both here and overseas. OzSale, founded in 2006 by its chairman Jamie Jackson, is a members-only online shopping club, which describes itself as a “doorway to affordable designer fashion”. The business, which is part of the APAC Sale Group, has buyers in Australia, New Zealand, Asia and Europe, who negotiate deals directly with suppliers to offer exclusivity to their members. With more than 250 staff, OzSale says it sells a product every five seconds via its websites, across five countries. The business has now acquired Buyinvite.com.au for an undisclosed sum.
OZSale.com.au Acquires Competitor Buyinvite.com.au: Buy A Business
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