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Tokyo’s Transcosmos completes acquisition of Philippine daily-deals site Metrodeal

( July 1, 2015, 09:12 GMT | Insight) -- Tokyo's outsourcing giant Transcosmos has bought Philippine daily-deals site MetroDeal Holdings from owner Ralph Wunsch at a rumored valuation of $30 million, Tech in Asia reported. MetroDeal Holdings is a daily-deals site that operates out of Hong Kong bu...Tokyo’s outsourcing giant Transcosmos has bought Philippine daily-deals site MetroDeal Holdings from owner Ralph Wunsch at a rumored valuation of $30 million, Tech in Asia reported. MetroDeal Holdings is a daily-deals site that operates out of Hong Kong but focuses on the Philippine market, selling a range of products and services such as fashion, health and beauty items as well as restaurant, spa, salon, and travel packages. It is the latest e-commerce company to join Transcosmos’ portfolio after Thai e-book firm Ookbee, Singapore cosmetics e-commerce shop Luxola, and Indonesian fashion e-commerce business Berrybenka....

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