Friday, October 28, 2011

Gilt Groupe Acquiring BuyWithMe

gilt3Flash sales giant Gilt Groupe is acquiring the troubled daily deals startup BuyWithMe, which recently saw over half its staff laid off after the company failed to raise the funding it needed to survive. Beginning November 1st, BuyWithMe will officially become a part of Gilt, according to a report from BetaBeat, which has been covering the BuyWithMe saga for the past couple of weeks.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/b9JR82v7DDs/

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