GRPN Profile
Groupon, Inc. is a leading operator of an innovative marketplace that facilitates connections between consumers and merchants worldwide. The company operates under two main segments, North America and International, offering a platform where customers can discover and purchase a diverse array of goods and services. In addition to selling third-party merchant offerings, Groupon manages its own inventory of first-party goods.
Utilizing mobile applications and websites, Groupon serves a broad customer base, providing convenient access to deals and promotions across various categories. Originally founded as ThePoint.com, Inc., the company rebranded to Groupon, Inc. in October 2008, reflecting its evolution into a global e-commerce powerhouse.
Headquartered in Chicago, Illinois, Groupon, Inc. was established in 2008 and has since pioneered the online deal marketplace model. The company continues to innovate within the digital commerce landscape, leveraging its robust platform and strategic partnerships to offer compelling discounts and experiences to consumers worldwide.
With a commitment to enhancing consumer engagement and supporting merchant growth, Groupon remains at the forefront of connecting buyers and sellers through its dynamic marketplace approach. The firm's dedication to customer satisfaction and operational excellence underscores its position as a key player in the evolving e-commerce industry.
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