RetailMeNot Acquires French Coupon Code Company Abcyne
RetailMeNot is a U.S. based digital coupon website that has acquired a French coupon code and price comparison company called Abcyne, according to TheNextWeb. The terms of the detail was undisclosed. Abcyne runs digital coupon websites called Ma-reduc.com and Bons-de-Reduction.com. They also run a cash back service called Poulpeo.
Founded by Luc Clément and Jérôme Gremez, Abcyne will continue to be run by them. Abcyne will run RetailMeNot operations in France. Other online properties that RetailMeNot runs are RetailMeNot.com, RetailMeNot.ca, Deals2Buy.com, VoucherCodes.co.uk, and Deals.com. A couple of months ago, RetailMeNot also acquired a Dutch coupon website called ActiePagina.nl.
RetailMeNot has raised a total of about $300 million in venture capital funding from companies like Austin Ventures, Norwest Venture Partners, Institutional Venture Partners, J.P. Morgan, Google Ventures, and Adams Street Partners. Last month, RetailMeNot also filed plans to go public.