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Oz firms gets coup through web design

An Australian site which has become a national treasure thanks to its clever web design, has received significant investment from across the Pacific.

Household name, JumpOnIt has taken up the offer of AUS$5 million from America’s fastest growing internet group acquisitions firm.

US firm Living Social has made the agreement which will be finalized with the Australian internet site, after a series of meetings in California last month.

JumpOnIt is an internet portal which features a major discount for desirable goods or services, such as 70 per cent off a restaurant meal or a spa massage for half price.

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