03 October 2011
DUBAI: Cobone.com, the largest group buying website in the Middle East, was awarded with the Best E-commerce Website award at the 2nd Annual Abu Dhabi Internet Show.

Since its inception in August 2010, Cobone.com thrilled over 800,000 members and merchants to date with some of the region's best online deals. This online shopping phenomenon has experienced unparalleled growth with regional expansion from 1 market to 5 markets covering 9 cities in less than a year with savings exceeding USD 19 million and over 300,000 coupons sold.

"This is a massive achievement for Cobone.com" said Matthew Wallhead, General Manager of The Internet Show Middle East. "They thoroughly deserve to win the Best E-commerce Website award due to their fantastic website that has been so effective in generating revenue, whilst providing a first class customer experience and secure transactions".

All entries to the category were reviewed by a panel of judges from international companies including Nielsen, Yahoo and The Medinge Group. Participants were asked to provide information about how the website generated awareness, moved customers online, improved business efficiency and reduced operational costs.

With the achievement of this milestone, Paul Kenny, Founder and Chief Executive Officer of Cobone.com, highlighted the importance of this accomplishment and what it means to the Cobone.com family. "Celebrating our first year of operation with this achievement is testament to what we have achieved so far" he said. "2012 is going to be an exciting year and I look forward to bringing even more innovation in the E-Commerce space to our fans across the Middle East and North Africa".

The Internet Show took place on September 27th and 28th, and is the Middle East's best attended and biggest event for digital marketing and online business.   It brings together over 2000 attendees from big, medium and small business and government, all eager to find new ways of doing internet business.

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About Cobone.com
Launched in August 2010, Cobone.com is one of the fastest growing web sites in the region, currently with over 800,000 members and savings exceeding USD 19 million. Cobone.com gives its customers the chance to experience their city's best offers on spas, restaurants and outdoor experiences with discounts from 50 per cent to 90 per cent. A new deal is featured everyday and customers are encouraged to invite their friends and family to take part in the deal, earning extra credit in the process. Shopping on Cobone.com is safe and easy, and offers members all forms of payment options including credit cards, cash on delivery, Paypal, CashU, and OneCard.

For further information, please contact:
Mr. Joe Akkawi,
Managing Partner,
joe.akkawi@pazmarketing.com

Ms. Miya Billones,
Account Manager,
miya.billones@pazmarketing.com

© Press Release 2011