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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 ...
Google Offers was a service offering discounts and coupons. Initially, it was a deal-of-the-day website similar to Groupon, but it later changed focus. Rather than a small number of prepaid offers, it instead offered many smaller discounts. It is additionally integrated with both Google Maps and Google Wallet for mobile offers. [2]
The way it works is that Groupon negotiates a steep discount The local coupon network is expanding quickly and now offers discounts in 45 cities, from Albuquerque to Washington, D.C.
When Google (GOOG) reportedly offered to buy Groupon for $6 billion, board members stood to make millions of dollars each. Co-founders Brad Keywell and Eric Lefkofsky could have walked away with ...
Group buying. Group buying, also known as collective buying, offers products and services at significantly reduced prices on the condition that a minimum number of buyers would make the purchase. Origins of group buying can be traced to China, where it is known as Tuán Gòu ( Chinese: 团购 ), or team buying. [1]
Groupon is planning an initial public offering that would value the three-year-old online coupon distribution site at as much as $15 billion -- more than double what Google (GOOG) reportedly bid ...
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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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