Announced

Global Savings Group to acquire Pepper.com.

Synopsis

Global Savings Group, an operator of a digital shopping rewards platform, agreed to acquire Pepper.com, an operator of social commerce platforms. Financial terms were not disclosed. “Our primary focus has always been to offer the best and broadest of money saving solutions to our communities. Our collaboration with GSG will speed up this process significantly as it empowers us to branch out more. Combined, we have more than 20 years of experience in helping people to make smarter decisions and together we will provide even better and more rewarding shopping experiences. Our loyal customers and many more to come will benefit from our combined contents and technologies," Fabian Spielberger, Pepper CEO.

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