WhaleShark Media Buys Miwim, a French Coupon Site

WhaleShark Media has acquired Miwim, an online coupon and deal site in France.
The terms of the deal were not disclosed.
Austin-based WhaleShark Media connects consumers with multiple daily deal and coupon services like Deals.com and CouponShare.com as well as deal sites outside of the U.S.
Founded in 2010, WhaleShark Media has received $300 million from several venture capital firms including Austin Ventures, Google Ventures, and Institutional Venture Partners.
Last year, WhaleShark Media made more than $70 million in revenue as part of the $1.7 billion in sales generated for its merchant clients.
The company has 170 employees worldwide, including 120 in the U.S. It plans to hire another 50 employees this year.
The acquisition of Miwim’s web portfolio, which includes online coupon site Bons-de-Reduction and cash-back website Poulpeo, combined with WhaleShark Media’s existing portfolio of European websites, VoucherCodes.co.uk in the U.K. and Deals.com in Germany, positions WhaleShark Media to provide coupons to consumers that represent 70% of the ecommerce activity in Western Europe.
Olivier David and Francois Larvor, the founders of Miwim, will continue to serve as co-General Managers of Miwim and 20 other employees will join WhaleShark in France.

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