Munich-based Global Savings Group (GSG) and Berlin-based Pepper.com (Pepper) have signed an agreement to combine Pepper's shopping community with GSG's platform for rewards, cashback, deals, and shopping content. Together, the two companies plan to develop and leverage additional technologies to build a leading platform for shopping solutions and services, continuously driving future growth in current and new markets and categories.
Gerhard Trautmann, CEO of GSG, says:
"We are delighted about this groundbreaking deal, which strengthens our leading position in Europe. Together with Pepper, we will play an even more significant role in consumers' daily lives and transform and shape the future of our industry by creating a unique, impactful, and even more comprehensive portfolio of shopping solutions with enormous reach and many benefits for consumers, brands, retailers, and media houses. Together, we will expand our transformative influence and further drive GSG's growth."
“Shopping solutions to save money”
And Fabian Spielberger, CEO of Pepper, added:
"Our primary focus has always been to provide our communities with the best and most comprehensive money-saving shopping solutions. Our collaboration with GSG will significantly accelerate this process by enabling us to broaden our offerings. Together, we have more than 20 years of experience helping people make better purchasing decisions, and together we will deliver even more rewarding shopping experiences. Our loyal customers and many more will benefit from our combined content and technology."
In order to expand its position as a global industry player, GSG has acquired several platforms in recent years: After British browser extension Pouch in 2019 and the French cashback provider Igraal In 2020, the Munich-based company also bought the Berlin-based Cashback portal ShoopGSG now claims to be Europe's leading shopping rewards company with an international presence in more than 20 markets. The company's goal is to provide consumers with access to the best savings, cashback, deals, product inspiration, and reviews, enabling them to make optimal purchasing decisions.
