We see great potential in the cashback market in the new regions and are certain that LetyShops will fully discover it,” AB Capital Group founder Alexander Bachmann told. The head of LetyShops also added that by. (The Expresswire) - ' Cash Back and Rewards App Market '. Follow View all 139 employees About us At Letyshops we believe that everything. ET The MarketWatch News Department was not involved in the creation of this content. At the same time, the company is reducing marketing budgets in some countries, he said. Csomád, Central Hungary 4,214 followers LetyShops is a team of experts who are developing the world of cashback. According to him, in 2019 LetyShops began to develop the international market, and already in June 2020 the share of revenue of 'new markets' exceeded 30. “The first time we invested in LetyShops was in 2016, after the service’s explosive growth in both active users and sales. Ukrainian cashback service LetyShops attracted 3 million. LetyShops website was visited by 4 million people in May 2020.ĪB Capital Group owns a cluster of IT companies centered around Admitad, a global affiliate network that last year delivered $5B in advertisers’ revenue - largely owed to the US, UK, Germany, France, Poland, Brazil, and India. The service is currently available in seven languages (Ukrainian, Russian, Spanish, English, Polish, German, Portuguese), cooperates with 2,400 online stores in almost all categories of e-commerce, and hosts more than 12 million users. We aim to strengthen our positions in Spain, Poland, and Latin America, to outperform competitors in Germany and India, and to enter new markets.” “During 2 years of working in new markets, LetyShops not only has become a new player, but also a leader in Spain, Poland, said Igor Gnatovsky, CEO of LetyShops. The company hopes that the investments will help LetyShops to increase profits by one-third through more aggressive scaling. OneLink is compatible with any operating system, channel or platform, giving an efficient experience to Letyshops users. Since 2019, the service began its international expansion, entering the markets of Spain, Germany, Poland, India, and Latin America. LetyShops is the largest cashback service in Ukraine and CIS. That money will also serve to consolidate the company’s progress in the multiple digital markets. LetyShops is expecting to get another round of investment approximately in H1 2021. Cashkaro vs Letyshops vs Payback - The Difference between Cashkaro, Letyshops and Payback. Tapzo is India’s first all-in-one app, allowing users to access 35+ apps without downloading them individually.
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