Adam SchwabAussieCommerce Group has completed the acquisition of Dailydo, the e-commerce platform that owns the Dailydo, Spreets, Yazoom and Groupy websites. AussieCommerce will pay an undisclosed amount for Dailydo, with a further earn out payment over a 12 month period. Dailydo joins AussieCommerce brands including Luxury Escapes, The Home, brandsExclusive, The Gourmet, Cudo, Deeals.com.au, pop, Ouffer, and The Active. The
acquisition will boost AussieCommerce’s member base by 400,000 members, to a total of six million.
“Dailydo has been a leader in New Zealand flash sales for four years and has a brilliant team with a depth of supplier and customer relationships. It is a highly recognised brand in New Zealand e-commerce and we are very pleased to welcome them into the AussieCommerce network of leading websites,” Adam Schwab, AussieCommerce MD, said.
Schwab said that the acquisition of DailyDo is an opportunity for AussieCommerce to bring its world leading travel, homewares, and fashion offers to the NZ market.
The existing Auckland-based Dailydo team will be retained to maintain the website’s performance.
