Recognized as No. 3 on the 2013 PROFIT HOT 50 Ranking

Canada’s fastest growing ecommerce company picks up two awards and launches its newest mobile product - grocery coupon app

Online PR News – 05-September-2013 – September 4, 2013 Toronto – PROFIT Magazine today ranked No. 3, Canada’s leading daily deal site, on its 14th annual PROFIT HOT 50, the definitive ranking of Canada’s Top New Growth Companies, with two-year revenue growth of 6,426%. In the previous 12 months has acquired 6 of their daily deal competitors, to lead the consolidation of the industry and provide excellent value to their consumers.
Adding to a busy summer, founders Ryan Marien, Michele Romanow & Anatoliy Melnichuk were also named finalists for the Ernst & Young Entrepreneur of the Year honouring Canada’s leading entrepreneurs. Award finalists are based on their vision, leadership, financial success and contributions to social responsibility.
“It’s a real thrill to be recognized by some of the most respected institutions in the country,” says Marien. “Our vision is to make the top destination for incredible offers in Canada and we couldn’t have come this far, this fast without the support of our customers, business partners and the whole Buytopia team.”
“This year’s PROFIT HOT 50 companies embody the entrepreneurial spirit,” says Ian Portsmouth, Publisher and Editor-in-Chief of PROFIT Magazine. “They have grown exceptionally fast in a challenging economy, thanks to the ingenuity and determination of the entrepreneurs behind them.”

Buytopia also announced the upcoming launch of their latest mobile product: SnapSaves – a disruptive mobile coupon platform that gives consumers instant cash back on everyday grocery purchases after they take a picture of their receipt.
“We are excited to keep growing on this path of profitability with our new mobile couponing product,” says Romanow. “It’s a great compliment to our local deals by providing instant cash-back on favourite grocery items and every day staples to our savvy Canadian shoppers.”

About PROFIT Magazine: PROFIT: Your Guide to Business Success is Canada’s preeminent publication dedicated to the management issues and opportunities facing small and mid-sized businesses. For 31 years, Canadian entrepreneurs and senior managers across a vast array of economic sectors have remained loyal to PROFIT because it’s a timely and reliable source of actionable information that helps them achieve business success and get the recognition they deserve for generating positive economic and social change. Visit PROFIT online at

About Since 2010, Buytopia has been offering the ultimate buying experience, to discover the best local services and products at 50-90% off. Buytopia features the best restaurants, spas, activities, events and hotels at a fraction of the price. For more information, visit

About SnapSaves: SnapSaves is a free mobile couponing platform to get instant cash back on your favorite grocery brands. Simply take a picture of a receipt and get dollars back instantly. SnapSaves is available on android, iOS, desktop and tablet. For more information, visit


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