Just two weeks from the announced acquisition of Groupon, the Beeconomic team has set up office in the Philippines (as Groupon Philippines) to strengthen its presence and get better deals from local retailers to offer to members.
Here’s a copy of the press release they sent just a while ago. No word on where the local office will be (update: it’s at La Fuerza Plaza, Don Chino Roces Ave., Makati City).
Groupon Philippines Press Release
Groupon normally negotiates between 50% to 90% off regular prices due to high group-buying power. Several other local group-buying sites have already made the same progress (to note, we’ve got Buyanihan, Awesome.ph and CashCashPinoy), all of which offer great deals as much as 92% off.
Beeconomic’s strength is in the health & beauty, events/activities, restaurants and services sector. They’ll obviously expand to other markets as they grow their local team.
About Beeconomic (Groupon Philippines)
Groupon’s recent entry into Asia was a huge move (after a buying spree in Hong Kong, Singapore and Taiwan) and it happened in the middle of a rumored acquisition by Google (reportedly at $6 billion).
P.S. Beeconomic is actually pronounced as be-economic (not bee-conomic).
Looking forward…
woooooot!~ looking forward too!
Twitter: kzapkzap
says:
be economic but their logo and theme is bees?
What did I say?
Twitter: SavingisSexy
says:
Would this be the reason why they didn’t sold it to Google for $6 billion is because they’re expanding? Sounds like a real wise move!
Twitter: razorous
says:
Cool
Looking forward for groupon
Groupon’s pretty big now in our country. It’s the latest craze, yes?
The newest I heard that joined the bandwagon is http://www.winilacity.com! I wonder how this new player measure up to the oldies like Cashcahspinoy, ensogo and beeconomic.
[...] you know that there is a Groupon Philippines? There are actually a bunch of local group-buying sites. You can see them at FrugalPanda. More To [...]
i’ve purchased cool mist this nov. up to this date no delivery was made to me. i’ve e-mailed you 3 times but to no avail. everyday i was trying to call you on the phone but your line is just too busy and i dont know why, if its ringing no on’s answering the phone and when i redialled it, its busy again for the whole day, pls. deliver my order or i’ll go to DTI to complain your co.
Hi. What happen to your order? Have they deliver it? I have the same case as yours and want to know if I’ll still wait for their delivery or file a complaint to the DTI? What do you advice? Thanks
GROUPON SUCKS. They have the strangest exchange policies and they put things in their website advertising how refunds are easy but what they don’t say is that you can never get it back in the form of your money but only in the form of Groupon credits! The customer service does the OPPOSITE of what a customer service representative (that is if you can actually get ahold of their customer service, getting them on the phone is a million times worse than calling a radio station most days) is supposed to do and does NOT listen to you, insults you, are arrogant and obviously hate doing their job. I was supposed to be refunded Php 4,200 and was told last last week that I would be refunded by Thursday last week. I called up Friday to ask what had happened and they gave me very vague replies and told me Monday early Morning this week, I would receive it, FOR SURE. Of course on Monday afternoon, there is still nothing deposited to my account so I call up on Tuesday to ask what had happened and they told me it was still being processed whereas last week one of the CSA’s told me it had already gone through processing and it was for deposit already! They told me that by Thursday, I would have it for sure and of course on Thursday, it STILL isn;t in my account. I called up and they told my hard-earned money would be in my account by Friday after lunch. Of course, IT WAS NOT in my account after checking a few minutes today and this rude guy named John told me that they would be emailing me the deposit slip within the day, I asked him to please give me reassurance that the money they have which is really mine to begin with since I did not avail of any of their services, would be in my account within the afternoon before four. I don’t even know what to expect anymore but Groupon i s a nightmare.,