MilkADeal and HiShop Malaysia have combined forces and boast to be the first merger of this kind in the region. This merger is aimed at providing more choices and better discounts for both websites’ members in Malaysia officially on 12 March 2012.
HiShop Malaysia’s flash sales model which concentrates on the sale of branded products is “highly complementary to MilkADeal’s mass user base”, according to Wilson Quah, Co-founder of MilkADeal.com. Together, both sites will be better positioned to service different segments of the
market by providing:
• A wider range of product offerings for customers, from branded lifestyle products to mass
• A larger and more targeted reach for partner merchants, tapping onto different segments of
• Better value and better discounts for all!
Dimitri Page, Founder of HiShop.my added, “The synergies will be just incredible. Our members will be thrilled to have access to a complete set of deals, covering everything they could look for under one umbrella. And our suppliers will benefit from an even greater reach to those hungry for their products and services”.
Both brands will continue to operate under their respective names. Crystal Horse Investments, one of the most active angel investment companies in Malaysia & Singapore, is the lead investor behind HiShop Malaysia. Crystal Horse has invested an undisclosed amount in the merged entity showing its continued commitment.
MilkADeal is a Malaysian Top 4 group buying site by revenue. Launched in January 2011, MilkADeal has sold over 75,000 vouchers, helping consumers save over RM15.6m collectively to date. Discounts of up to 98% include Health & Beauty; Food & Beverage; Travel & Leisure; and Retail & Services.
About HiShop Malaysia
HiShop is Malaysia’s premier members-only online shopping club. Members are granted exclusive access to its online private sales of branded goods ranging from ready-to-wear garments, handbags & accessories and home furnishing at up to 80% discount. All branded goods and limited edition items are carefully selected and come with a 100% authenticity guarantee.
- HotelClub launches Flash Sales for members in Asia
- 17th Edition of Cards & Payments Asia 2012 Sets to Wow with Latest NFC and Contactless Payment Technology
- Greencloud Labs announces the launch of Beepmo, the location-based social network for business professionals
- Great Networking and Deals for Entrepreneurs in the HR Technology Showcase 2012 Event
- ICT Entrepreneur’s Reaction for the Prime Minister’s Budget 2013 Announcement
- Bringing the Practical Know-How by Industry Experts for Malaysian Entrepreneurs and Businesses