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Toronto-based Couch Commerce, which operates the largest couponing sites behind Groupon in Canada, listed assets of $3.4-million and liabilities of $19.2-million in its filing. Since its inception, the group of companies has “accumulated significant losses,” reaching a deficit of $55-million by July 31, according to a court filing from its trustee.
Oct 15, 2010 · The Internet can be a great place to get deals on products. But social networking - the power of connected friends - adds a new layer to discovering bargains.
- Online Discounts ‘Deceptive’
- 'I’m Beyond Angry'
- Dealfind Ultimately Responsible, Expert Says
Dealfind’s business model, like many of its competitors, involves getting businesses to offer discounted products or services with the promise of attracting lots of new customers. It’s a popular concept; a Marketplacesurvey found 71 per cent of Canadians are familiar with group-buying websites like Groupon, Wagjag and Dealfind. Of those, 49 per cen...
Dealfind CEO Ghassan Halazon says those deep discounts can happen for many reasons, and that the company isn’t misleading anyone. "There are different mechanisms as to why [businesses] are looking to give out these types of deals," he argues. "Whether it's to bring in more customers, whether it's to off-load inventory, whether it's to get rid of ol...
Cotte was incredulous at their stories. "I think it's amazing [Dealfind] is still in business," she said. "There's no question that that is unfounded and unethical business practice." Halazon argues the businesses are often to blame in cases like Moniz’s spa treatment. He says some merchants are too greedy or don’t plan well enough, then find they ...
Apr 12, 2013 · CBC’s Marketplace’s season finale looks at Dealfind and group buying websites to find out if the deal is too good to be true.
2 days ago · According to a new Royal LePage survey, roughly half of Toronto and GTA respondents said they would move to another Canadian city for a job or more affordable living if given the opportunity. The online poll surveyed 900 Canadians aged 18 and older living in Canada’s three largest urban centres.
Jan 3, 2013 · January 3, 2013. Two Toronto-based group buying Web sites – TeamBuy.ca and Dealfind – are set to merge, reports the blog of the Canadian Deals Association. The unconfirmed merger marks the consolidation in the group buying space that many have suspected since the market exploded in 2010. Since heads were turned by Google’s reported $6 ...
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20 hours ago · The northern lights could return over parts of Canada as a sunspot that contributed to a recent stunning aurora display rotates back Earth-side, but don’t count on a big show in Greater Victoria.
