kgbdeals Expands Its Daily Deals Footprint by Acquiring New York’s TheDealist

kgb, a nearly 20-year-old company that expanded into daily deals last year with kgbdeals, has acquired TheDealist in its hometown of New York. The company, which is currently operating in 100 cities in the U.S. and Europe, is one of many providers that are scrambling to gain scale against market leader Groupon. Terms of the deal were not disclosed.


Latest Video

View all videos »

Search »

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