Groupon Posts

Groupon Inc (GRPN) leads investment in ClubLocal

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Groupon Inc (NASDAQ:GRPN) was the lead investor in ClubLocal, a service that makes it simple to book and buy household services. ClubLocal received $10.7 million in total funding. Other individual investors and the two original founders of ReachLocal participated in this round of funding as well. 

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Groupon Inc (GRPN) is launching a Deal Builder product to automate sales creation

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Groupon Inc (NASDAQ:GRPN) is launching a new do-it-yourself deal feature. Groupon is calling this feature a “build-your-own-deal tool for merchants.” This is a way to automate deal creation, which could make things more efficient at the company.
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Groupon Inc (GRPN) has acquired Ideeli for $43 million

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Groupon Inc (NASDAQ:GRPN) has acquired Ideeli. Ideeli is a leading online fashion retailer. The deal is closing today for $43 million in cash. Ideeli offers millions of members access to leading men’s and women’s brands of apparel, accessories, and home decorations. Ideeli is based in New York and was founded in 2007.
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Groupon (GRPN) Gets Into The Coupon Game With “Freebies”

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Groupon Inc (NASDAQ:GRPN) is launching a new coupons service known as “Freebies” and over 5,500 brands are participating in it.  Groupon is evolving from a flash deal website to a full-scaled e-commerce brand. 
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Groupon Has Acquired LivingSocial’s TicketMonster For $260 Million

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Groupon has acquired LivingSocial’s TicketMonster for $260 million.  Groupon announced this news in a press release from earlier this week, which contained the company’s financial results.  Groupon is paying around $100 million in cash plus $160 million in Class A common stock.
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Groupon Inc (GRPN) Deal For Starbucks Surges Past 100,000 Purchases

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Groupon Inc (NASDAQ:GRPN) launched a deal today for Starbucks.  You can buy $10 worth of Starbucks for $5 through Groupon.  The deal is running for the next 2 days.  So far, over 100,000 people bought the deal.  If Groupon charged their standard cut of 50% from this deal, they likely made $250,000 from this deal alone. However, Groupon may have charged Starbucks much less of a cut for the exposure.
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Groupon Has Acquired Event Organizer Company SideTour

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Groupon has bought a New York based startup company called SideTour.  SideTour helps organize events like cooking classes and tours for small groups.  The terms of the acquisition was undisclosed.  SideTour launched two years ago and raised $2.5 million in funding this past March.  SideTour will be operated separately for a while, but it will also be integrated within the GrouponLive service.  Groupon also recently acquired a hotel booking company called Blink.

Groupon Has Acquired Blink, A Mobile Hotel-Booking Company

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Groupon has acquired Madrid-based hotel booking company Blink.  Blink’s hotel booking app competes against HotelTonight and Hot Hotels.  Blink works with over 2,000 hotel partners in 8 European countries.  The terms of the deal was undisclosed.
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