Logo design for an innovative e-commerce website

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This customer received 49 logo designs from 15 designers. They chose this logo design from Simon Hon as the winning design.
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We need a logo for an e-commerce website that we are currently developing named "Piwibi". On that website, we are selling trendy products with a discount that can reach -70%.
The products we are selling are in several categories : telephony, computers, tablets, cameras...
The final design can have the idea of "coin" which is a part of the concept and it should communicate the following ideas : bargain, savings and game.
The logo and the name of the website should fit together, not the name next to a picture.
For the colors, you have carte blanche, but the following should be avoided : green, black, yellow, orange.
Updates
Project Deadline Extended
Reason: Hi designers, we extends the deadline because we haven't received designs that correspond to our expectations yet.
Added Tuesday, April 22, 2014
Project Deadline Extended
Reason: Waiting for other designs
Added Saturday, May 03, 2014
Target Market(s)
Adults aged 18 to 34 that look for good deals on the internet
Industry/Entity Type
E-Commerce
Logo styles of interest
Abstract Logo
Conceptual / symbolic (optional text)



Font styles to use
Colors
Designer to choose colors to be used in the design.