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Cudo to be culled?
Rumours are rife Cudo is on the brink of closure after just nine months, with some claiming the company has already let most of its staff go.
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Cudo adds to dizzying array of deals sites, but claims its secret weapon will conquer all
Inboxes are groaning under the weight of the emails sent out by daily deal sites at the moment. And successful Australian group buying site Cudo and MediaWorks will soon be adding a few more. But while new collaborative buying sites seem to be a dime a dozen at the moment, the newest boy on the increasingly crowded block claims to have a big point of difference: the deals will be promoted regularly on television by a real live human.
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MediaWorks to play in the social buying sandpit as joint venture announced
Hot on the heels of the Yellow/Groupy deal and in line with the online acquisition strategies of other major media networks, MediaWorks has entered group buying territory, signing a joint venture agreement with Cudo Australia, Microsoft and Nine Entertainment Co. to launch Cudo in New Zealand.