What is Groupalia? Groupalia Review, Features

Groupalia (Groupalia Venta Colectiva SL) is a Spanish online group buying website that mainly provides group buying services in travel, food and shopping for users in Spain, Italy and Latin America.

About Groupalia

· Groupalia was founded in Barcelona in May 2010. Its first virtual store was in Barcelona, ​​followed by Madrid. Groupalia's main group buying business is simply: food, drink, entertainment, and the main businesses that contribute to its revenue are: restaurants, SPA, gyms, adventure, e-commerce, air tickets, and online courses. The discount price is generally 60% of the store price. It mainly operates in 8 countries including Spain, Italy, Brazil, Mexico, Argentina, Colombia, Chile and Peru.

Groupalia is the largest group-buying website in Spain. You can find discounts on various activities such as catering, beauty and body shaping, driving school registration, etc. on this website. It is known as the "Meituan" of Spain.

· Groupalia has more than 6 million users in Spain and Italy, offering offers and discounts of up to 90%. Currently, Groupalia has more than 300 employees, more than 450,000 fans on Facebook and about 25,000 fans on Twitter.

Development History

- Groupalia was founded in Barcelona in May 2010. The founding members are José Manuel Villanueva and Lucas Carné de Privalia as well as venture capital funds: Nauta Capital and Caixa Caital Risc (the management company of La Caixa Venture Capital).

-In May 2010, Groupalia successfully raised 2.5 million euros (approximately 3.6 million US dollars) and in October it raised another 5 million euros (approximately 7.2 million US dollars).

- In April 2011, Spanish group buying website Groupalia announced that it had received $15 million in a new round of financing. The investment mainly came from current shareholders and some new investors, including venture capital firms such as General Atlantic, Insight Venture Partners and Index Ventures.

-In August 2011, Spanish group buying website Groupalia received another $26 million investment.