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Gilt Groupe
Gilt Groupe
Website: Gilt.com
Gilt Groupe was the pioneer of the flash sale model. In November 2007, it launched an invitation-only site for high-end women's apparel and accessories. This month, investors injected $138 million into the company, making it the first in its category to reach a valuation of $1billion.

Last updated May 27 2011: 11:12 AM ET

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