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May 16, 2011 · Dealfind, a leading player in the online daily deal space, announced today that the company has secured $31 million in investment funds from three leading venture capital investors.
Deal-lovers who bought everything from tooth whitening treatments to digital cameras on DealFind.com and TeamBuy.ca are angry about getting burned along with some merchants after the cut-rate online coupon sites’ insolvency filing in Canada.
- 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 ...
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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.
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