News from the Wire

Ibotta teams with Amazon on rebates

Thursday, December 18, 2014 — 18:12:28 (EST)

Denver, Dec. 18, 2014 - Ibotta, Inc., the leading U.S. retail shopping app that gives users cash back when they shop, today announced its partnership with Amazon.com, Inc. Working together, both companies will now enable Amazon shoppers to receive additional cash back on a range of products purchased directly on Amazon.com.

For the first time ever, Ibotta will make it possible for anyone shopping on Amazon.com, the world’s largest online retailer, to earn cash rebates.

With six million consumers, Ibotta represents the most technologically advanced way for shoppers to earn cash for shopping, using their mobile devices. Shoppers simply download the app for free to their phone, check which of their favorite products have Amazon.com rebates available, follow the link to make a purchase, and checkout like normal. Ibotta verifies the purchase with Amazon.com and provides cash directly into their Ibotta account, usually the same day.

Put simply, shoppers that choose to use Ibotta will be able to unlock cash rewards on their favorite products and stock up on their favorite brands at Amazon.com. Through Ibotta, shoppers can earn money on Amazon.com items, including grocery and household items.

“We’re extremely excited about the partnership with Amazon,” said Bryan Leach, Ibotta’s CEO. “Our deep partnerships with leading brands and our ability to provide a unique and seamless experience for our users when they shop on Amazon.com really make this a great fit – especially for Ibotta users looking to earn cash back when they shop online.”

Ibotta has emerged as the go-to shopping app this holiday season, paying consumers real cash simply for shopping at the places they love most. For a full list of stores Ibotta supports, visit: ibotta.com/where.

To download the Ibotta app, visit the Apple or Android store, and start spending your hard earned cash the right way.

About Ibotta

Ibotta, a Denver-based mobile technology company, is transforming the way brands and retailers deliver mobile media and advertising campaigns. With a one of a kind user experience that’s proven to drive in-store sales and consumer loyalty, the world's leading brands continue to leverage Ibotta as a key pillar of their digital programs and growth strategies.

To date, nearly six billion rebates have been viewed on Ibotta, and 100 million brand interactions have been completed. Consumers have earned over $15 million in cash rewards from purchases made at participating retailers. Ibotta continues to drive brand messaging tracked directly to item level purchases for both in-store and online transactions, establishing it as a true omni-channel solution.

On average, Ibotta is used 25 days each month, making it one of the most frequently used apps in the U.S. Ibotta is available for free on iOS and Android smartphones.

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Source: Company press release.