Daily Deals Contender Buys Up Loyalty Card Provider

BuyWithMe, which has struggled against larger rivals like Groupon and LivingSocial, has been on an acquisition spree, picking up daily deals sites to enter new markets. This time it is acquiring Edhance, which will allow BuyWithMe’s merchants to create loyalty and rewards programs for customers. Merchants will be able to redeem vouchers automatically when subscribers swipe their card at the register, eliminating any printouts. Terms of the deal were not disclosed.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work