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Groupon, Inc. is an American global e-commerce marketplace connecting subscribers with local merchants by offering activities, travel, goods and services in 13 [ 2] countries. Based in Chicago, Groupon was launched there in November 2008, launching soon after in Boston, New York City and Toronto. By October 2010, Groupon was available in 150 ...
Deal-of-the-day. Deal-of-the-day (also called daily deal or flash sales or one deal a day) is an ecommerce business model in which a website offers a single product for sale for a period of 24 to 36 hours. Potential customers register as members of the deal-a-day websites and receive online offers and invitations by email or social networks .
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It offers deals (discounts on restaurants, services, etc.) that are only "triggered" once enough people buy in, which gives users the Groupon Valued at $1.35 Billion? New Features May Explain Why
On December 1, 2010, The New York Times reported that Groupon was the subject of a $6 billion acquisition bid from Google, which Groupon turned down. [11] In 2010, Mason's salary was $180,000; "at his own recommendation" it was reduced to $756.72 effective January 1, 2011, according to the company's SEC filings. In 2011, he sold $10 million ...
Home-shopping cable mainstays QVC and HSN are coming to Comcast’s Xfinity X1 and Flex services as an interactive streaming app — with plans to let Comcast customers buy products directly on ...
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