Global Savings Group to acquire Shoop Germany.

Global Savings Group, a shopping rewards company, agreed to acquire Shoop Germany, a cashback platform. Financial terms were not disclosed. “The deal strengthens GSG’s position as European market leader, building the largest global digital rewards, savings, and shopping content platform. Following the acquisition of the leading French Cashback Company iGraal in March 2020, GSG’s primary goal is to empower consumers globally in making smarter shopping decisions through our comprehensive portfolio of consumer engagement platforms and solutions," Gerhard Trautmann, GSG CEO.