With the growth of Twitter, a lot of services related to it also experienced the glory. TweetMeme is one such service that, due to its excellent service saw a phenomenal growth in popularity. Almost every other technology blog has a TweetMeme button installed that users use to retweet an article.

Today though, a competitor has launched with full vigor and force. ReTweet is a new service that is trying to compete with TweetMeme in retweeting links. The major advantage that ReTweet has is their domain name ReTweet.com

Their website and functionality appears to be very similar, infact just like a clone of TweetMeme. However, unlike TweetMeme they only offer one way to add their button to your website, that is by copying the Javascript. Thats’s right! No plugins yet for Wordpress but they are promised to be coming soon.

To strengthen themselves, ReTweet has launched a $10,000 lucky draw in which all the bloggers who swith to ReTweet can participate.