Location-based media company has acquired , which operates a daily deal / group buying service with the same name. LocalGinger focuses on secondary markets for its social commerce activities, which it says has allowed it to build a strong following in select cities.
So why is Where buying the privately-held flash commerce startup? In a nutshell, to ramp up its .
The company says its WHERE Ads platform enables it to reach 50 million people, and by integrating LocalGinger local businesses will be able to use tools to create offers and drive real-time commerce at a hyper-local level.
Said , CEO of Where:
“With the LocalGinger platform, WHERE Ads bridges a gap between services like Groupon and AdSense. Combining these services supports our mission of delivering relevant and valuable content to the WHERE audience as well as the audience of our publisher partners. On WHERE Ads, merchants interested in just-in-time group buying deals will have a platform to use and audience to reach through WHERE.”
Terms of the acquisition were not disclosed.
Where, which competes with the likes of and , has raised in funding to date, from investors such as and .
It has attracted 3 million active users so far, according to its .