Group buying site Jump On It closes down in merge with LivingSocial

Australian group buying site Jump On It has been merged into its US-based parent company LivingSocial two years after its launch in May 2010.

The announcement today claims that JumpOnIt subscribers and customers will not experience any disruption and will be merged into the LivingSocial platform seamlessly as the JumpOnIt website closes.

CEO Colin Fabig had claimed in January 2011 that Jump On It was the number one group buying site in Australia, beating rivals Spreets and Cudo. According to a spokesperson for LivingSocial, Fabig changed role in the organisation, becoming chairman in February 2012, and the move is part of a “transition”.

More to follow


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