SAN FRANCISCO--(BUSINESS WIRE)--Ebates Inc., the owner and operator of the world's most rewarding shopping programs, today announced the acquisition of Extrabux, a free, comparison shopping website where consumers discover the best prices, find coupons, and earn cash back on their online purchases. The two companies have a growing membership base in China and today announced the launch of Ebates.cn to capitalize on this opportunity.
Extrabux co-founders Jeff Nobbs and Noah Auerhahn will assume leadership positions in Ebates’ China operations. Nobbs will manage the China operations out of its new Shanghai office, and Auerhahn will drive product innovation and development for the Chinese-language site.
“The combination of Ebates and Extrabux will improve the online shopping experience for customers of both companies around the globe,” said Kevin H. Johnson, CEO of Ebates. “Extrabux brings a great team of business and technology experts, and we are excited to have Jeff at the helm of our China operations.”
“Becoming part of Ebates will further our goal of advancing and improving global ecommerce,” said Jeff Nobbs of Extrabux. “I am excited to lead our efforts in China, and fulfill our vision to provide Chinese shoppers with the same exceptional savings opportunities enjoyed by consumers in North America.”
Ebates.cn will offer members cash back, coupons and special deals from over one thousand retailers including eBay, Macys.com, Sierra Trading Post and Vitacost. During the month of March, shoppers will be able to earn up to eight percent cash back by shopping at their favorite retailers through Ebates.cn.
About Ebates Inc.
Ebates rewards consumers around the world by providing cash back on purchases while also providing access to thousands of coupons, discounts, and promotions at over 2,600 retailers. Ebates members receive great deals and cash back on practically every product or service sold online -- from diapers to diamonds, furniture to fashion, and appliances to airfare. Membership in Ebates is free and allows shoppers to earn a percentage of every purchase paid in the form of a "Big Fat Check", through PayPal, by gift card, or directly to a member’s credit card. Shopping through Ebates is also hassle-free: no forms to fill out, no points to redeem, and no hidden fees. To date, Ebates members have earned more than $250 million just by starting their shopping at Ebates.com, Ebates.cn, Ebates.kr, Ebates.ca, and FatWallet.com.
