Munich-based Global Savings Group (GSG) and Berlin-based Pepper.com (Pepper) have signed a contract to combine Pepper’s shopping community with GSG’s rewards, cashback, deals, and shopping content platform. Together, the two companies plan to develop and deploy additional technologies to build a leading platform for shopping solutions and services, and to continuously drive future growth in current and new markets and categories.
Gerhard Trautmann, CEO of GSG, comments:
“We are very pleased 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 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 companies. Together, we will expand our transformative impact and continue to drive GSG’s growth.”
“Shopping solutions for saving money”
And Fabian Spielberger, CEO of Pepper, adds:
“Our focus has always been on providing our communities with the best and most comprehensive shopping solutions for saving money. Our collaboration with GSG will significantly accelerate this process by enabling us to expand our offering. 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 technologies.”
To expand its position as a global industry leader, GSG has acquired several platforms in recent years: after acquiring the British browser extension Pouch in 2019 and the French cashback provider Igraal in 2020, the Munich-based company acquired Berlin-based cashback portal Shoop last year. GSG is now Europe’s leading shopping rewards company with an international presence in more than 20 markets, according to the company. The company’s goal is to provide consumers with access to the best savings opportunities, cashback, deals, product inspiration, and reviews, enabling them to make optimal purchasing decisions.
