SATURDAY, April 20, 2024
nationthailand

RebateMango in top spot after takeover of DeeDee 

RebateMango in top spot after takeover of DeeDee 

RebateMango.com, the leading online cashback and loyalty platform, announced the signing of an agreement on the acquisition of local competitor DeeDee Cashback yesterday. 

 

The deal will catapult RebateMango to the top of cashback and loyalty sites in Thailand, having launched in Thailand less than a year ago.
DeeDee Cashback was launched in 2015 and was the first cashback site in Thailand. Users have been benefiting from significant savings when shopping online and being part of the RebateMango eco-system will allow additional benefits plus further choice on how they want their rewards to be paid.
RebateMango has a regional presence in Singapore, Malaysia and Thailand. The key difference between RebateMango and other cashback sites across the globe is its ability to provide different rewards to consumers doing online shopping, with a choice of cashback, air miles or loyalty points.
 This deal will bring their total user base to well over 1 mIllIon across all three markets. In Thailand, the strengthened position will allow RebateMango to cover almost 10 per cent of active e-commerce shoppers in the country.
This is the first significant deal of this type in this region within the loyalty space and will help to support the positive growth of e-commerce in the region, which in Thailand is expected to be worth US$5.3 bIllIon by 2021 with e-commerce shoppers representing 24.5 per cent of the total population, Jesper Kauth, Co-Founder of RebateMango and Managing Director of RebateMango Thailand said.
 

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