Cherry Media
Tallinn
About Cherry Media
Cherry Media is the largest Baltic consumer e-commerce company operating in Estonia, Latvia and Lithuania. Its flagship local e-commerce properties include beta.lt, grupinis.lt, cherry.ee, cherry.lv and citylife.lv. Cherry Media registered sales of 27.5m EUR in 2012, its second full year of operations (+84% YoY). Cherry Media had sales operations in 9 cities across the Baltics and employed around 200 people in Q1 2013. Cherry Media was formed in a merger of the three leading Baltic daily deals / flash sales companies, Cherry Media, Beta.lt and Dealcraft in May 2011. In April 2011 Cherry Media acquired CityLife.lv, a key competitor in Latvia.
Company Facts
- Operating status: Closed
- Company type: For Profit
- IPO status: Private
- Employees: 11 – 50
- Funding stage: Private Equity
- Last round: Private Equity (Dec 2011)
- Website: cherry.ee
- Phone: (372)655-6644
Industries & Categories
Coupons, E-Commerce, E-Commerce Platforms, Group Buying
Social Profiles
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