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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 ...
Eric Paul Lefkofsky (born September 2, 1969) [2] is an American billionaire businessman. He is the founder of Tempus, [3] and the co-founder of Groupon, [4] Echo Global Logistics (ECHO), InnerWorkings (INWK), and Mediaocean. [5] As of June 2024, he is also a co-managing partner of Chicago-based venture capital firm Lightbank. [6]
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With Groupon taking 50 percent of every deal, plus a small credit-card handling fee, [9] in late 2010 it was reported by Mashable that Groupon's annual revenue was $800 million. [10] 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]
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