| Global Savings Group | |
| Type: | Private |
| Founder: | Andreas Fruth, Adrian Renner, Gerhard Trautmann |
| Area Served: | Worldwide |
| Industry: | Online Marketing |
| Services: | Online services |
| Revenue: | € 165 million (2022)[1] |
| Num Employees: | ~1,300 (2024) |
| Foundation: | 2012 |
Global Savings Group (GSG) is a privately held international commerce content and affiliate marketing company, that combines multiple savings portals in over 20 countries. The company owns CupoNation and Coupons.com, as well as several other discount code and deal sites across Europe, and operates coupon portals for publishing houses.[2] [3] GSG has won the German Deloitte’s Technology Fast 50 award[4] and was included in Deloitte’s Technology Fast 500 EMEA list in 2017. In 2016, the company generated $546 million in sales for retailers.[5] The company is headquartered in Munich, Germany.
Global Savings Group was founded in 2012 by Andreas Fruth, Adrian Renner, and Gerhard Trautmann together with Rocket Internet. They had also previously collaborated on Dropgifts GmbH, a site that allowed users to engage in social and mobile gifting.[6] In 2016 the company changed its name from CupoNation Group.[7] In 2019, Global Savings Group acquired the UK-based money-saving browser extension provider Pouch for a cash purchase in the 7-figure US dollar range.[8] In 2020, Global Savings Group made a significant acquisition by purchasing iGraal, a leading French cashback company, for €123.5 million. [9] The company continued its expansion in 2021 with the acquisition of Shoop, a prominent cashback platform based in Berlin. The exact amount of this acquisition remains undisclosed.[10] GSG acquired US based consumer savings brand and domain Coupons.com in October 2022.[11] In December 2022, Global Savings Group bought Pepper.com and its network of savings portals.[12]
Global Savings Group GmbH, based in Munich, Germany, serves as the parent company within the Group. Listed below are the main subsidiaries and the associated internet portals or services.[13] [14]
| Name of the company | Registered office | Portals / services | |
|---|---|---|---|
| Cuponation GmbH | Munich, Germany | Cuponation.de | |
| Shoop Germany GmbH | Berlin, Germany | Shoop.de | |
| Social Shopping Group GmbH, 6Minutes Media GmbH | Berlin, Germany | Chollometro.com, Dealabs.com, Desidime.com, Hotukdeals.com, Mydealz.de, Pelando.com.br, Pepper.com, Pepper.it, Pepper.pl, Pepper.ru, Preisjaeger.at, Promosdescuentos.com | |
| Igraal SAS | Paris, France | Igraal.com | |
| Global Savings Group France SAS | Paris, France | Cuponation.fr | |
| Global Savings Group Poland Sp. z o.o. | Warsaw, Poland | Cuponation.pl | |
| Promotrend do Brasil Servicos de Marketing e Divulgacao LTDA | Sao Paulo, Brazil | Cuponation.com.br | |
| Honeycomb eServices Private Limited | Bangalore, India | ||
| Cuponation, S.L.U. | Madrid, Spain | Cuponation.es | |
| Imbull B.V. | Amsterdam, Netherlands | Flipit.com, Kortingscode.nl | |
| Global Savings Group Limited | London, United Kingdom | Cuponation.co.uk | |
| Global Savings Group SG Malaysia SDN BHD | Kuala Lumpur, Malaysia | Cuponation.co.id, Cuponation.com.my | |
| GSG North America LLC | Atlanta, United States | Coupons.com |
| Name of the company | Investor | Share in % | |
|---|---|---|---|
| M6 Digital Services SAS, La Madeleine, France | Groupe M6 (Owned by RTL Group and CMA CGM) | 31,388 | |
| 164 Capital GmbH, Berlin, Germany | Fabian Spielberger, Founder and co-founder of Mydealz.de and Shoop.de | 24,9332 | |
| HV Capital COCO Growth Fund GmbH & Co. geschlossene Investment KG, Munich, Germany | HV Capital (formerly Holtzbrinck Ventures) | 17,5865 | |
| Lauderdale GmbH & Co. KG, Hamburg, Germany | Deutsche Telekom Capital Partners | 6,5012 | |
| RTP Capital Limited, Larnaca, Cyprus | RTP Global, Leonid Boguslavsky | 5,0502 | |
| Rocket Internet SE, Berlin, Germany | Rocket Internet | 4,811 | |
| Rocket Internet Capital Partners SCS, Bertrange, Luxembourg | Rocket Internet | 3,7977 | |
| Rocket Internet Capital Partners (Euro) SCS, Bertrange, Luxembourg | Rocket Internet | 2,1832 | |
| GenGlobal Concur LLC, Wilmington, Delaware, United States | General Global Capital | 1,5809 | |
| J. B. V. Vroom Holding B. V., Zeist, Netherlands | 0,8515 | ||
| Adrian Renner, Andreas Fruth, Bambino 53. VV GmbH, Draram VV UG (haftungsbeschränkt), FSG2005 UG (haftungsbeschränkt), Gerhard Trautmann, GSG Team GmbH, Germany | Executives and founders of GSG with own investment companies | 1,0519 |