Swoopoo is back ... but as DealDash!

Swoopoo was the first penny auction site that started in UK and the whole phenomenon caught fire. Penny auctions remain popular in Europe and North America and are slowly expanding to other parts of the world. We can see a much more global penny auction marketplace thanks to what Swoopoo started.

Success story? Hardly. Swoopoo filed for bankruptcy last year. However, it looks like DealDash bought the domain Swoopoo. Swoopoo left some bad memories in penny auction bidders' minds. It looks like a gambit from DealDash, which is quite well placed itself today in the US. It would be exciting to see what the future holds. As of now, the swoopoo domain doesn't seem to have any hosting. How DealDash wants to play this would be interesting to watch. 

Swoopoo, Oohilove Closes: Entertainment Shopping Inc. Bankruptcy

Entertainment Shopping Inc. the company that runs penny auction sites Swoopoo and Oohilove has filed for bankruptcy. I am not sure if the bidders were given a refund for their money invested. Swoopoo is inaccessible and Oohilove site says it is closing its doors.

Swoopoo was one of the first penny auction sites to open and it is sad that they are closing down. I hope Quibids doesn't have similar problems. I will also update here if I get any information on what happened to the money invested by the bidders.