By Erik Sass
Publishers looking for new sources of revenue are increasingly turning to e-commerce, either by selling products and services directly to consumers themselves or partnering with external e-commerce platforms. Recent deals include Purch’s acquisition of Active Junky and HuffingtonPost’s alliance with Bringhub.
Last week Purch — which combines digital publishing and e-commerce — announced that it has acquired loyalty platform and online shopping community Active Junky, which rewards users for shopping for outdoor gear through its interface. Having partnered with over 100 outdoor gear stores, Active Junky uses cash back, deals, special offers, and coupons to create customized special offers for members, which Purch hopes to leverage as member services; Purch already operates a platform bringing together tech product vendors and enthusiasts.
Active Junky will remain an independent brand, while its customer loyalty platform rolls out across Purch’s other properties early next year. Purch closed a $135 million round of funding in June, in part to fund acquisitions like Active Junky.
Read the full article here: http://www.mediapost.com/publications/article/258958/purch-buys-active-junky-huffpo-rolls-out-buy-bu.html