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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 ...
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 ...
Ideel's business model is based on acquiring excess or sample merchandise and selling it quickly at very steep discounts to their members. Sales typically last less than 48 hours. [9] In 2014 they rebranded themselves as a source for affordable designer clothing. In January 2014, Groupon bought Ideel for $43 million. [10]
Groupon stock is trading 97% below the split-adjusted all-time high it hit the day it went public in late 2011. Its trailing revenue of $511.9 million over the last four quarters is whopping 83% ...
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Groupon is reinventing the traditional small business world by providing merchants with a suite of products and services, including customizable deals, payments processing capabilities and point ...
LivingSocial. LivingSocial is an online marketplace that allows its registered users to buy and share things to do in their city. [ 5] Formerly headquartered in Washington, D.C., LivingSocial had roughly 70 million members around the world in 2013. [ 2]
Social shopping site Groupon is a startup that owes its impressive rise to the social media revolution. It offers deals (discounts on restaurants, services, etc.) that are only "triggered" once ...