|By Business Wire||
|September 23, 2013 09:06 AM EDT||
Ebates.com, the pioneer and leader in online cash back shopping, today launched a new Korean-language site, Ebates.kr, to better meet the needs of its growing member base in Korea, as well as Korean speakers worldwide. To capitalize on an expanding number of opportunities in Asia, the company also announced the opening of its Singapore office and the appointment of David Teng as General Manager of Asia.
With Ebates.com, online shoppers around the globe enjoy cash-back, online coupons and free shipping from thousands of their favorite retailers.
“Despite a language barrier and no in-country marketing, over one hundred thousand (100,000) Koreans have joined Ebates.com in the last two years. With the launch of a site increasingly tailored to a Korean audience we expect membership and shopping to climb dramatically,” said Ebates.com CEO Kevin H. Johnson. “The site gives Koreans who shop online an easy and convenient way to take advantage of all that Ebates has to offer, and also serves retailers with a powerful new way to connect to a vibrant market.”
Ebates’ appointment of Teng to head operations in Asia underscores the company’s commitment to bringing together the world’s most popular online retailers with Asia’s tremendous consumer market that has rapidly embraced online shopping. In his new role, Teng is chartered with developing innovative marketing approaches that broaden the company’s presence and extend its vision throughout the region.
“With the addition of David Teng to head our Asian operations, Ebates is quickly fulfilling its vision to provide Asian shoppers with the same exceptional savings opportunities enjoyed by our shoppers in North America,” said Johnson. “David’s experience in consumer marketing and product management make him the perfect choice to guide our initiatives in the region.”
Before joining Ebates, Teng served as Asia Director of Marketing for LivingSocial. During his tenure he helped the company expand its reach into five Asian countries and grow its user base by 250 percent. Prior to that, Teng was on the founding team of Groupon's joint venture in China where he was Vice President of Marketing.
Teng has also held a number of product marketing management positions at Microsoft. He earned an MBA degree at MIT’s Sloan School of Management, and holds a bachelor’s degree in computer science from the University of California, Berkeley.
Over 1,500 online stores have joined the roster of retailers that offer cash back, special deals including free shipping, and over 10,000 coupons to members of Ebates.com. Free membership allows consumers to shop online at their favorite retailers while earning a percentage of every purchase they make; paid quarterly in the form of a "Big Fat Check" or through PayPal. From niceties to necessities, members of Ebates benefit from incentives at top-name merchants for everything from furniture to fashion and appliances to airfare. Because shopping with Ebates is hassle-free: no rebate forms to fill out and no points or miles to redeem, the site supports a strong community of savvy shoppers across the country and around the world.