Tippr.com Expands Chicago Presence with Acquisition of Chitown Deals; Tippr Now Operating in 10 U.S. Markets

SEATTLE--(BUSINESS WIRE)--Tippr.com, the nation’s third-largest and fastest-growing group buying destination, today announced the acquisition of Chicago-based Chitown Deals for an undisclosed sum. Tippr’s industry-leading collective buying platform powers the best hyperlocal group buying experience for consumers and small businesses. Tippr is now operating in 10 U.S. markets including Chicago, Boston, New York, Washington, D.C., Atlanta, Austin, Los Angeles, San Francisco, Seattle, and Honolulu, with additional markets set to debut throughout 2010.

“Our members and local businesses will love the changes coming with Tippr”

Beginning today, Chitown Deals members have access to Tippr’s national network of discounted online merchandise, as well as the guaranteed best deals (50 – 90% off) at Chicago’s finest local businesses. All of Tippr’s deals include our lowest price guarantee and exclusive features such as “Accelerated Deals,” which increases the value of each deal for the entire group as more consumers opt in. Chitown Deals’ merchant partners now have access to Tippr’s branded and affiliate network of deal outlets, extending the reach of their offers.

Tippr’s advanced group buying platform offers media publishers, local entrepreneurs, daily deal sites, and bloggers the easiest way to enter the group commerce business immediately, while maintaining their own brand and online community. Case in point, Tippr kept the Chitown Deals branded site and community intact and fully transitioned the site to Tippr’s advanced platform in less than 48 hours. The quick integration of Chitown Deals’ members, merchants, and sales force significantly accelerates Tippr’s ability to service the Chicago market.

“Tippr’s advanced collective buying platform is the future of group buying,” said Martin Tobias, Tippr’s founder and CEO. “We’ve streamlined the group buying experience, providing more and better deals for consumers, while making it easier than ever for publishers with an existing audience, to add collective buying as a plug and play service to extend their brand with e-commerce.”

“Our members and local businesses will love the changes coming with Tippr,” said Alen Malkoc, founder and CEO of Chitown Deals. “It’s exciting to see how Tippr’s platform will further enhance and carry forward my vision for Chitown Deals.”

About Tippr

Tippr.com’s industry-leading collective buying platform powers the best hyperlocal group buying experience for consumers and small businesses. All across the U.S., Tippr negotiates the guaranteed best deals (50 – 90% off) on local activities, restaurants and bars, salons, spas, memberships, merchandise, events, travel, and more. Tippr is the only group buying platform to combine patented technology, fully customizable deals, and exclusive features such as ‘Accelerated Deals’ and ‘Affiliate Group Buying.’

Tippr is headquartered in Seattle, Washington and is funded by leading venture capital firm RRE Ventures.

If you love great deals AND supporting local businesses, join the movement at: Tippr.com.

To have your business featured on Tippr.com, contact us today at: [e-mail] to create a fully customizable and scalable group buying plan that supports your business goals and ensures return customers.

Tippr patents include: United States Patent Nos. #7263498, #6631356, #6604089, #6101484, #7107230, #6934690, #7480627, #7194427, #7146330, and #7363246