Clandescuento.com has been acquired by Groupon

Clandescuento.com, a company headquartered in the U.S. with offices in Santiago de Chile has been acquired by Groupon a company that features daily deals in the U.S., Europe and now Latin America. Even though details of the transaction have not been released, we know this exit will be beneficial for this Needish´s start up which was founded just three months ago.

Clandescuento.com, a company headquartered in the U.S. with offices in Santiago de Chile has been acquired by Groupon a company that features daily deals in the U.S., Europe and now Latin America. Even though details of the transaction have not been released, we know this exit will be beneficial for this Needish´s start up which was founded just three months ago.

Clandescuento.com is a replica of Groupon´s discount system for local markets which after its success in Chile was expanded to Peru, Argentina, Colombia and Mexico.

“A few days ago we joined the American company Groupon.com and together, we hope we can offer more and better discounts every day” was stated in the press release on their website.

This acquisition is good news for local entrepreneurs; it shows that American companies are now more interested in emerging markets. This might also suggest the interest of angel investors in local projects is growing which could result in more successful exits in Latin America.

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Jorge Arredondo

Jorge is an Entrepreneurship student in Mexico. He started a company a few years back and is looking to start his next venture.

He is also passionate about how entrepreneurship is solving humanity's toughest problems and loves how it makes people's lives better.