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General Information

Websitehttps://cherry.ee
Twitter@cherry_ee
Employees

Offices

Cherry Media Estonia
Rävala pst 8, C korpuse 3. korrus
Tallinn, 10143, EST
Cherry Media Latvia
Audēju 8-2stāvs
Riga, LV1050, LVA
Cherry Media Lithuania
J. Tumo-Vaižganto g. 8-3
Vilnius, LT-01108, LTU

People

Co-founder
Board director
Board director
Board director
Head of Lithuanian operation
Head of Estonian operation

Former People

CFO
Head of Latvian operation

Acquisitions

CityLife.lv, 4/12
Beta.lt UAB, 5/11
Grupinis.lt, 5/11

Tags

Cherry Media

Cherry Media is the largest Baltic consumer e-commerce company operating in Estonia, Latvia and Lithuania. Its flagship local e-commerce properties include beta.lt, grupinis.lt, cherry.ee, cherry.lv and citylife.lv.

Cherry Media registered sales of 27.5m EUR in 2012, its second full year of operations (+84% YoY).

Cherry Media had sales operations in 9 cities across the Baltics and employed around 200 people in Q1 2013.

Cherry Media was formed in a merger of the three leading Baltic daily deals / flash sales companies, Cherry Media, Beta.lt and Dealcraft in May 2011. In April 2011 Cherry Media acquired CityLife.lv, a key competitor in Latvia.

Recent Milestones

Videos

Above:

Cherry Estonia’s TV ad #1 (in Russian)

Added: 6/9/12
Above:

Cherry Estonia’s TV ad #2 (in Russian)

Added: 6/9/12

Screenshots

Sources

  1. Cherry Group Acquires Latvian CityLife, Now Claims Over 50% Market Share In Baltics (arcticstartup.com) [edit]
  2. Cherry.ee, Beta.lt and Grupinis.lt Announce Merger (arcticstartup.com) [edit]
  3. Cherry.ee, Beta.lt and Grupinis.lt Announce Merger (arcticstartup.com) [edit]
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Last Edited 5/2/13

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