American grouped purchases giant Groupon is entering Israel and purchasing local coupon website Grouper, Calcalist reported Tuesday. read more
Groupon's acquisition of Grouper was simple: To get market share in Israel, which is a dynamic environment where Hebrew and English speakers work, live and consume many products/services. The valuation of $8 - $15 million was over-inflated and was based more on potential clients in 2012 - 2014 then actual profitability and health of balance sheet. read more
Michael Goldman, I was born and raised in Israel until the age of 10. I moved back to Israel in late 2010. read more
eToro has announced an $8.3 million round of investment led by Spark Capital, Social Leverage (who also backed Yaron Samid’s Bill Guard) and other existing investors. The proceeds of this round will be used to expand internationally and continue the development of eToro’s social investment platform. read more