Rapidly growing social commerce startup Spreadsy today announced the success of its official launch in Austin, TX and partnership with the most popular local website in Austin, Do512. Like other websites in the quickly expanding “group buying” space, Spreadsy offers consumers significantly discounted daily deals from popular local businesses such as restaurants, spas, and fitness clubs. However, Spreadsy does one better: it marries the proven model of “group buying” with the concept of social commerce [...]

Last week another Austin-based flash buying Groupon competitor launched, named Spreadsy. They join other Austin competitors Adealio, Localiter, eDealTickets, and coming soon a similar offering from ValPak (the people who mail you those blue envelopes with coupons). There’s a handful of these companies in Austin, and around 100 more similar websites around the country. Spreadsy has a unique twist though. Get some friends to buy the daily deal, and yours is free. This is what [...]