1. Latest News
  2. Submit Press Release
CitySlicker Logo

CitySlicker closes Series A financing

The group buying company will focus on geographical expansion across South Africa

PRLog - Nov. 16, 2011 - CAPE TOWN, South Africa -- The South African daily deal company CitySlicker has closed its series A financing round with estag Capital AG from Germany. The company intends to use the funds, whose amount remains undisclosed, to accelerate its geographical expansion across South Africa and to pursue strategic partnerships.

“This financing round will enable us to accelerate our presence in all major South African cities. We particularly like the entrepreneurial spirit and track record of estag Capital’s management.” says CitySlicker’s CEO Olivier Chas. Joerg Duske of estag Capital adds “Three factors decided us to invest in CitySlicker: the company has been outperforming its competitors in Cape Town from the get-go, we have an excellent connection with the founding team and the South African market is very receptive to daily deals. We are looking forward to a very fruitful collaboration.”

CitySlicker is an Internet marketing company proposing discounted deals to consumers on a targeted-community basis via e-mail and social media channels. CitySlicker offers consumers discounts of 50%-90% off lifestyle products, services and attractions. The CitySlicker.co.za website was officially launched in April 2011 in Cape Town. Since then, the service’s popularity grew exponentially in its home-town before being expanded to Johannesburg in October 2011.

Contact with CitySlicker.co.za, South Africa Office:
Olivier Chas, CEO
+27 21 481 1836

--- End ---

Click to Share

Contact Email:
***@cityslicker.co.za Email Verified
Phone:+27 21 481 1836
Location:Cape Town - Western Cape - South Africa
Industry:Advertising, Deals, Coupons
Tags:Online Daily Deals, Advertising, Marketing, coupons
Verified Account Email Address
Verified Account Phone Number

Disclaimer:   Issuers of the press releases are solely responsible for the content of their press releases. PRLog can't be held liable for the content posted by others.   Report Abuse

Latest Press Releases By “


Trending News...

Like PRLog?
Click to Share