Canada’s TeamBuy on track to generate revenue of $40 million

12 Nov 2012
While it’s no Groupon (not that that’s such a good thing these days), Canada’s TeamBuy says it’s on track to generate gross revenue of $40 million for 2012. The group buying site also celebrated its third birthday in October, and a couple of months before, acquired Toronto-based, a daily deal site specializing in luxury “e-commerce” (think spas and facials). FabFind is still operating

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Brian Blum

Brian Blum covers the U.S., Canada and Israel for Classified Intelligence Report, and contributes to our special reports and research projects. Originally from San Francisco and now based in Jerusalem, he has been with the AIM Group since 2004. He is the president of Blum Interactive Media, specializing in writing and multimedia content development for online, print, video and audio. His clients include newspapers, universities and non-profits. He is currently working on a book about the billion-dollar bankruptcy of a once high-flying Israeli startup.