UPDATE: At peak time TeamBuy.ca was averaging more than a buy per second for it's American Apparel deal. The deal closed with 19,574 purchases surpassing American Apparel's Groupon offer last November in the US which sold only 14,000.
TeamBuy.ca has announced an exclusive, coast-to-coast buy with American Apparel.
TeamBuyers who purchase the American Apparel feature between Monday, September 26 and Sunday, October 2 for $25 will receive a $50 credit for use online or at any location across Canada.
“American Apparel offers great basics for men, women and kids, so we felt like this would be a valuable feature our customers would enjoy. There is something for everyone,” said Ghassan Halazon, CEO of TeamBuy.ca. “Plus, we have more savings to share; anyone who downloads our new iPhone app will receive $5 in TeamBucks to use towards any offer they like.”
TeamBuy.ca claims it is the largest and fastest-growing independently owned Canadian team-buying website. It launched in Toronto October 2009. In July 2011 Teambuy.ca announced that they had raised $7 Million from an undisclosed institutional investor.