TeamBuy Powers Shell Gift Card Deal With Record Activity

Last week TeamBuy sold 5,000 Shell $25 gift cards for $12 each.

TeamBuy made 1,000 gift cards available each day releasing them at random times of the day to encourage users to check their site regularly.

Each day the Shell deal sold out within five to 10 minutes, with activity peaking at four buys per second, beating TeamBuy's previous record for a Lindt Chocolate deal which saw a high of one buy per second with 33,000 vouchers sold.

The Shell deal page received a total of 300,000 pageviews during the promotion and proved that Canadians love a deal.

In August Techvibes reported that TeamBuy rasied a $5 million funding round led by BEST Funds with participation from existing institutional investors.

The four year-old, Toronto-based company claims to be the largest daily deals site in Canada after merging with competitor Dealfind earlier this year.

Toronto, Ontario, Canada is a Canadian-based team-buying website that launched in Toronto in October 2009. The site secures impressive savings by using team-buying power, giving users the benefit of buying in bulk without actually having to. Each feature depends on a minimum number of buyers signing up; if the Buy is successful, a Team Ticket is sent via email within 24 hours to those who purchased. If the... more

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Techvibes NewsDesk

Techvibes NewsDesk

Techvibes is Canada's leading technology media property.Founded in 2002, Techvibes covers technology and business news that impacts Canadians. We combine breaking local news with international coverage to deliver a unique balance of insight and information. The Techvibes Newsdesk covers a broad beat and publishes general news stories. If you have a story you would like covered, email... more

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