TeamBuy.ca and DealFind.com: Set to be Acquired after Filing for Bankruptcy Protection

TeamBuy and DealFind

I found a couple interesting articles that sheds some light into why TeamBuy.ca and DealFind.com recently filed for bankruptcy protection:

A motion has been filed by the legal representatives of Couch Commerce Inc., the group that owns TeamBuy Inc., Dealfind.com Corp., and MenuPalace.com Corp., to approve its sale to nCrowd Commerce Inc. on Monday, September 22, 2014… nCrowd is a company based out of US that has been buying up distressed deal sites since 2011 or so. Other distressed deal providers that have been acquired by nCrowd include Tippr, Saveology, Spreebird, to name just a few. The acquisition of Teambuy/Dealfind would enable nCrowd to enter the Canadian market in a leadership position.

Hopefully this is good news and it’ll mean they’ll be back soon. Teambuy is the largest Canadian based Daily Deal promotions company with over 3.5 million members. TeamBuy is the second largest overall behind Groupon in Canada.

TeamBuy.ca and DealFind.com are Bankrupt

TeamBuy and DealFind

It has come to my attention that TeamBuy.ca and DealFind.com recently declared bankruptcy.

Dear Valued Customer,

Please be advised that as of Friday, August 29, 2014, Couch Commerce Inc., the parent company of TeamBuy.ca/Dealfind.com, has entered into a legal & financial restructuring process. Pursuant to the rules and regulations governing the restructuring process, we cannot honor TeamBucks issued on or before August 29, 2014 and issue any refunds related to purchases on or before August 29, 2014.

Please note the purpose of the restructuring is to provide the Companies with a more stable environment to continue operations and develop a plan that will allow us to continue in business. We appreciate your prior support and looking forward to continued support through this important process.

Sincerely,
Sarah
Manager of Customer Experience
TeamBuy.ca | Dealfind.com

I was not aware of this and only found out about it recently. I was not privy to any insider information or anything. I’m shocked and disappointed by the news. TeamBuy/DealFind was one of my favourite daily deals sites. I bought a lot of deals from them over the last couple years and never had any issues.

Allegedly, TeamBuy/DealFind is no longer offering refunds and has stopped paying their merchants. This has forced some merchants to stop accepting/honouring TeamBuy & DealFind vouchers. If you have any outstanding TeamBuy/DealFind vouchers that you haven’t used, your best bet is to contact the merchant and ask if they’re still honouring the voucher. If not, I suggest you contact your credit card company and request a charge back.

Here’s a couple links with more information:

http://forums.redflagdeals.com/do-not-purchase-team-buy-deal-find-bankruptcy-1552761/

http://www.reddit.com/r/Calgary/comments/2g7h6s/warning_dealfind_teambuy_are_bankrupt_and_issuing/

http://www.cjad.com/cjad-news/2014/09/10/beware-of-teambuyca

 

Because I can’t guarantee if any deals purchased from TeamBuy/DealFind will be honoured, I’m going to immediately stop posting TeamBuy/DealFind deals on my blog.

I will keep you posted if I hear any updates about this matter. In the meantime, I will continue to work hard and find all the best deals by posting them on my blog.

DealFind.com: $5 Off Your Next Deal Promo Code (Until Feb 11)

DealFind $5 Off Your Next Deal Promo Code (Until Feb 11)

You can save an extra $5 off your next DealFind.com purchase when you enter the promotion code WEMISSYOU at checkout! The promo code is valid on individual items with a minimum price of $15 and doesn’t expire until February 11, 2013 at midnight. There’s a limit of one per customer and it’s only redeemable at the time of purchase.

This is a very good deal since DealFind’s daily deals are already 50-95% off!

Click here to shop DealFind.com now or to view all of their latest deals.

BLOG NEWS: Teambuy.ca and Dealfind.com have Merged!

TeamBuy Logo

 

 

DealFind Logo

 

 

TeamBuy.ca and DealFind.com have merged! This is major news in the daily deals industry! TeamBuy and DealFind are the 2 biggest daily deals sites based in Canada. I thought something was up when I started noticing some overlapping deals on both sites last week. None the less, I was very surprised when I first heard the news.

TeamBuy.ca and Dealfind.com, two of Canada’s leading e-commerce companies, are pleased to announce a transformational merger that creates Canada’s largest online deals destination.

The transaction—the largest ‘daily deal’ merger in North American history—brings two of the strongest brands in the industry together to offer an unrivaled array of unbeatable deals to over 3.5 million members combined—including a million throughout the United States. Both companies began as ‘deal-a-day’ sites, evolving rapidly to become leaders in the broader flash sales and e-commerce space across various categories.

“From a consolidation perspective, this merger gives us a rock solid foundation where one in every 10 Canadians is signed up to our service,” says Ghassan Halazon, CEO of TeamBuy. “Over the past few years, both TeamBuy and Dealfind have chosen to re-imagine the original daily deal model in very similar ways. This makes the merger a perfect fit from an operational standpoint.”

Read More>

According to TeamBuy’s blog, here’s a summary of some of the details:

  • TeamBuy’s user base and company has just grown A LOT (TeamBuy had approx 800K users, DealFind has over 3.5MM users)
  • The TeamBuy.ca brand and URL will remain for Canadian deals & users. Visitors to www.DealFind.ca will be redirected to TeamBuy.ca.
  • The DealFind.com brand and URL will remain for US deals & visitors/users.  As a result, expect to find DealFind.com assets added to LinkShare in the near future.
  • They are still hashing out the details while they complete the merger transition.

If I’m reading it correctly, it sounds more like TeamBuy acquired DealFind, then merged with DealFind. I thought it would have been the other-way around because DealFind had stronger sales and was the larger company. This means TeamBuy is now a major player in the industry and the 2nd biggest daily deals site behind Groupon in Canada. I don’t know the details of how long it will take the 2 sites to merge so I will continue to post and feature deals from both sites until they complete the transition. This means if you see the same deal featured on TeamBuy and DealFind, it’s probably a better idea to buy the deal on TeamBuy.ca. This should hopefully mean better deals for us moving forward since it’ll give TeamBuy the power to negotiate better deals with local businesses and with large brand name retailers. Congrats TeamBuy!

Click here to visit TeamBuy.ca

Click here to visit DealFind.com

DealFind.com: Extra 10% Off Promo Code to New Year/ New You Shop

 

To celebrate the new year, DealFind is offering an extra 10% off any deal in their “New Year/ New You” shop! You’ll need to enter the promotion code NEWYEAR10 at checkout to get the discount. This is a 3-day only offer starting Jan 4th to 5am EST on Monday, January 7, 2013.

DealFind’s “New Year/ New You” shop is full of fitness, health, and beauty related deals.

This is a very good deal because DealFind’s daily deals are already 50% to 95% off!

Click here to shop DealFind’s “New Year/ New You” shop.

LAST CHANCE: DealFind.com – Extra 10% Off Promo Code

Last Chance Reminder: I originally posted about this deal last week. Here’s a reminder that today is your last chance to buy the promo code expires Friday morning at 5am EST.

DealFind.com has a new promotion code that will save you an extra 10% off all Local Deals! To take advantage of this offer, you’ll need to enter the promo code GOLOCAL at checkout. The code is only available until 5am EST on Friday, December 7, 2012!

You should save the code because it’s valid for unlimited purchases of deals appearing on DealFind’s Local Deals tab.

This is a great offer because DealFind’s daily deals are already 50-95% off!

Give a Gift That’s Close to Home and Save 10%

From now until Friday morning, December 7, 2012, you’ll save a big 10% on every Local Deal you buy at Dealfind. Salons, Restaurants, Massages: Local Deals make great gifts. And when every one you buy saves you an extra 10%, they’re even more fun to give.

Just use the code above when you check out. Use it for as many deals as you like: there’s no limit. But hurry: this incredible offer is only good until Friday morning.

Click here to shop DealFind.com or to view all of their Local Deals.

DealFind.com: Extra 10% Off Promo Code (Until Dec 7)

DealFind.com has a new promotion code that will save you an extra 10% off all Local Deals! To take advantage of this offer, you’ll need to enter the promo code GOLOCAL at checkout. The code is only available for 7-days so don’t miss out!

You should save the code because it’s valid for unlimited purchases of deals appearing on DealFind’s Local Deals tab until 5am EST on Friday, December 7, 2012.

This is a great offer because DealFind’s daily deals are already 50-95% off!

Click here to shop DealFind.com or to view all of their Local Deals.

DealFind: Bedding Sale Event – Incredible Deals on Sheets, Pillows, Duvet Sets and More

DealFind is promoting a special Bedding Sale Event where you can find incredible deals on sheets, pillows, duvet sets and more! This is a 48-hour sale and only available until 5am ET on Friday, November 30, 2012.

Here’s all the available deals:

  • $49 for a Brushed Microfiber Sheet Set
  • $45 for 2 Contour Memory Foam Pillows
  • $49 for a Seasons Collection 4 Piece Sheet Set
  • $54 for a Twin or Double White Goose Feather Duvet
  • $119 for an Egyptian Cotton Double Duvet Set
  • $109 for an Egyptian Cotton Twin Duvet Set
  • $129 for an Egyptian Cotton Queen Duvet Set
  • $139 for an Egyptian Cotton King Duvet Set
  • $299 for a King Memosense Memory Foam Mattress
  • $299 for a Twin Memosense Memory Foam Mattress
  • $349 for a Double Memosense Memory Foam Mattress
  • $399 for a Queen Memosense Memory Foam Mattress

Click here to shop DealFind now or for more details about this offer.

Enjoy! Press the “Like button” at the top of this post if you like this deal and to share it with friends and family.

DealFind: Extra 10% Off Every Deal Promo Code (Until Nov 27)

You can save an extra 10% off every deal that you purchase at DealFind.com this weekend during their Black Friday/ Cyber Monday sale! All you’ll need to do is enter the promotion code BLACKCYBER10 at checkout and DealFind will automatically take an extra 10% off their already incredible deals! The promotion code/ gift code is only valid until 5am ET on Tuesday, November 27, 2012 so don’t miss out!

In addition to DealFind’s great local deals, check out their new Holiday Shop page for wonderful gift ideas, products to warm your home, housewares to make entertaining a breeze and activities for the whole family.

Click here to shop DealFind now or to view all their great daily deals.

Enjoy! Press the “Like button” at the top of this post if you like this deal and to share it with friends and family.

Dealfind.com: $19 for 1 Year Subscription to Maxim Magazine, OR Two Year Subscription to Fashion Magazine, Including Taxes and Free Shipping (Up to 71% Off)


DealFind Hot National Deal of the Day: $19 for a 1 Year Subscription to Maxim Magazine, Including Taxes and Shipping (Up to $65.89 Value)

Buy now for only $19
Value $65.89
Savings $46.89
Discount 71% Off

DealFind is featuring an excellent magazine deal today. For only $19, you can get 1 Year Subscription to Maxim Magazine, Including Taxes and Free Shipping! That’s a savings of 71% off!

DealFind is also a great Fashion Magazine deal – $19 for a Two Year Subscription to Fashion Magazine, Including Taxes and Free Shipping (65% Off).

This is a limited 1-week only sale that will expire at midnight on Sunday, November 11, 2012. Click here to buy now or for more information about the deal. Quantities are limited so don’t miss out!

Read More “Dealfind.com: $19 for 1 Year Subscription to Maxim Magazine, OR Two Year Subscription to Fashion Magazine, Including Taxes and Free Shipping (Up to 71% Off)”

LAST CHANCE: DealFind and Butopia – Extra 10% Off Thanksgiving Promo Codes

DealFind.com
Buytopia.ca

Last Chance Reminder: I originally posted about these deal a couple days ago. Here’s a reminder that today is your last chance to use the promo codes before they expire tonight.

DEALFIND.com
You can save an extra 10% off any deal on DealFind.com when you enter the promotional code GOBBLE10 at checkout! This special Thanksgiving Long Weekend promo code is only valid until Tuesday, October 9, 2012 at 5am (EDT). This offer cannot be combined with any other promotion.

There’s a lot of amazing deals on DealFind right now with savings from 50% to 95% off. DealFind is favourite daily deals site. I’ve bought  the most deals from them and think they consistently offer the best deals.

Click here to visit DealFind.com and view all of their latest deals.

 

BUYTOPIA.ca
Celebrate Thanksgiving with Buytopia and enjoy an extra 10% off any deal when you enter the promo code TURKEY at checkout! This offer is only valid until Monday, October 8, 2012 at 11:59pm (ET) so don’t miss out! There’s a limit of 1 use per customer.

Click here to shop Buytopia.ca now or to view all of their incredible daily deals.

Enjoy! Press the “Like button” at the top of this post if you like this deal and to share it with friends and family.

DealFind.com: Extra 10% Off Any Deal Promo Code

You can save an extra 10% off any deal on DealFind.com when you enter the promotional code GOBBLE10 at checkout! This special Thanksgiving Long Weekend promo code is only valid from Friday, October 5th at 7pm until Tuesday, October 9, 2012 at 5am (EDT). This offer cannot be combined with any other promotion.

There’s a lot of amazing deals on DealFind right now with savings from 50% to 95% off. DealFind is favourite daily deals site. I’ve bought  the most deals from them and think they consistently offer the best deals.

Click here to visit DealFind.com and view all of their latest deals.

Enjoy! Press the “Like button” at the top of this post if you like this deal and to share it with friends and family.