eBuyCLub accelerates its development and raises funds of 2 million euros Paris, 24 Janauary 2006.

Paris, 24 January 2005 - eBuyClub, the first purchasing web portal to offer cash back, is raising 2 million euros from AXA Private Equity. This fundraising will give eBuyClub the means to sustain its development in France and to enter the market in Great Britain.

Founded in December 2000, the eBuyClub portal allows online buyers to benefit from discounts on more than 250 market-leading shopping sites thanks to their cash-back procedure but also to their price comparer, discount codes and advice forum.

“Thanks to this fundraising, we are going to be able to deploy our services on a larger scale to stimulate online purchasing and help the purchasers. We want to become one of the three biggest business intermediaries for shopping sites in France. We are delighted with the arrival of a major professional in European investment that will give us the means to increase our influence in France and Great Britain and to launch new services. The business intermediary sector has great development potential on the Internet,” says  Gilles Nectoux, the CEO of Plebicom, the company that operates eBuyClub.com.

“eBuyClub is the next generation of intermediary portals aimed at Internet users who are becoming increasingly demanding and sensitive to new services that allow them to save time and money,” adds Antoine Lacour, Investment Manager of AXA Private Equity. “We have been impressed with the robustness of the team, its marketing know-how and its ability to innovate with regard to new services for Internet users.”.

About eBuyClub:

Founded in 2000, eBuyClub is a company incubated by Teamlog that positions itself as a community of purchasers and offers various services to facilitate online purchasing and achieve savings.
Since its foundation, the portal has enjoyed strong growth with a turnover in 2005 of 30 million euros and with 300,000 members.
eBuyClub has 250 partners including Fnac, Alapage, Dell, Yves Rocher, Auchan, Lastminute, La Redoute, Castorama, 3 Suisses, Marionnaud, Mistergooddeal, Pixmania, Vertbaudet, Conforama, Opodo, Surcouf, etc.
The management team of eBuyClub, which has more than 10 years of experience on the Internet, is composed of Gilles Nectoux, Chief Executive Officer, Frédéric Lampin, Marketing Director and Jérôme Bravi, Technical Director.

Press relations:

Agence Wellcom
Julie Bouckaert / Marie-Laure Laville
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jbc@wellcom.fr