Over £1.5 Billion Investment Represented at Europe's First Ever Daily Deal Event

LONDON, March 1, 2012 /PRNewswire/ --

DD Summit Europe brings together top industry players for the first time

Europe's first ever daily deal event, the DD Summit Europe 2012, will bring together over a dozen of Europe's most important daily deal providers on one stage in London.

The event's key speakers have between them seen venture capital investment worth over £1.5 billion in the burgeoning daily deals industry since the sector took off in Europe just two years ago.

The summit, which will be held at in London on Monday 19 March, will bring together industry leaders from across Europe to discuss the rapid evolution of the daily deal industry.

With around 70 daily deal sites active in the UK, over 1,500 deal providers across Europe and more than 200 new sites launched into the European market over the last six months, the daily deal industry is undeniably on the rise.

The three giants of the European daily deal industry will share a stage for the first time at the summit; Tobias Tschoetsch, UK & Ireland MD for market leaders Groupon, Brian Harrison, global CEO of kgbdeals and Peter Briffett, MD of Living Social UK will all address the delegates.

"The DD Summit provides a forum for daily deal professionals to share their thoughts on recent acquisitions, to advise start-ups, and to discuss the economic influence of the daily deal industry," says Stavros Prodromou, Director at DD Summit Europe.

"We have a fantastic line up of speakers from across Europe who will be covering a huge variety of topics including the future of ecommerce, customer acquisition, flash sales and hyperlocal best practices," continues Stavros.

The summit will also hear from daily deal experts Lopo Champalimaud, co-founder and CEO of Wahanda; Fabian Heilemann, co-founder of Dailydeal.de (Germany); Gerard Doyle, CEO of Discountvoucher (UK); Joaquin Engel, co-founder and CEO of Groupalia (Spain) and Esra Sertoglu, CEO of Groupanya (Turkey).

Notes to Editors

Venture capital funding in DD Summit Europe speakers:

    Company       Speaker           Position                 Investment
    Groupon       Tobias Tschoetsch MD UK & Ireland          GBP881 million
    Living Social Peter Briffett    MD UK                    GBP508.5 million
                                    Director of Business
    Foursquare    Omid Ashtari      Development              GBP45 million
    Dailydeal.de  Fabian Heilemann  Co-founder               GBP5.9 million*
    Huddlebuy     Saurav Chopra     CEO & founder            GBP350,000
    Goodypass     Kate Garraway     Founder                  GBP100,000
    Wahanda       Lopo Champalimaud Co-founder               GBP7 million
    Qypedeals     Richard Dennys    CMO                      GBP14.5 million
    Groupalia     Joaquin Engel     CEO                      GBP30.4 million
    Citypockets   Cheryl Yeoh       CEO & co-founder         GBP484,600
    Kgbdeals      Brian Harrison    Global CEO               Undisclosed
    Local
    Response      Nihal Mehta       CEO & co-founder         GBP4.1 million
    Grupanya      Esra Sertoglu     CEO                      Undisclosed
                                                             GBP1.5 billion

*Dailydeal.de - plus additional undisclosed sum

About DD Summit Europe

DD Summit Europe is the first ever daily deal event for Europe. Established by daily deals expert Stavros Prodromou, the event brings together all of the key players from across Europe, for the first time. The daily deals market has grown into a multi-billion pound industry over the last two years and the DD Summit Europe is a forum to share best practice and discuss future trends in this burgeoning industry.

Confirmed speakers include Peter Briffett, MD of Living Social UK; Brian Harrison, global CEO of kgbdeals; Tobias Tschoetsch, MD of Groupon UK; Kate Garraway, founder of Goodypass, Lopo Champalimaud, co-founder and CEO of Wahanda and Omid Ashtari, director of business development (Europe), Foursquare.

Also speaking at the event are Parmy Olson, London bureau chief at Forbes Magazine; Cheryl Yeoh, co-founder of Citypockets; Ray Weaver, assistant professor at Harvard Business School and Giuseppe Zocco, co-founder of Index Ventures.

The inaugural event will be held in London on 19 March 2012 at the Grange Hotel, St Paul's.  

To find out more and register for tickets go to ddsummiteurope.co.uk

For media information and press passes please contact:
Helen Batte / Hannah Stalder / Jasmin Othman
Rooster PR
Email: DDSummitEurope@rooster.co.uk
Phone: +44-(0)20-7953-8776