Canadian daily deal sites unite: CityXpress buys SwarmJam from Postmedia

12 Dec 2012

CityXpress is buying SwarmJam, one of Canada’s leading group buying sites, from its owner Postmedia. The deal for this daily deal is actually entangled: CityXpress already operated SwarmJam on behalf of Postmedia, both operationally and in terms of software development. Now they own it outright, taking on sales and marketing, functions that were in the past provided by Postmedia

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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.