Overview
Description
Groupon, Inc. operates as an online marketplace offering deals and discounts on a variety of local businesses and services. Specializing in attracting and retaining customers for local merchants, Groupon's platform facilitates transactions for products, travel, and various entertainment events through time-limited offers. The company's approach helps small businesses gain exposure and drive foot traffic by offering significant discounts to consumers. Groupon impacts sectors such as dining, wellness, and leisure activities by providing a digital space where consumers can discover and engage with local experiences at reduced prices. Established in 2008 and headquartered in Chicago, Illinois, Groupon plays a significant role in the e-commerce sector by enabling cost-conscious consumers to access various services and products, thereby stimulating local economies and contributing to the digital transformation of traditional retail industries. Its model bridges the gap between online discovery and offline experiences, positioning it as an innovative player in the evolving landscape of digital couponing and group buying.
About
CEO
Mr. Dusan Senkypl
Employees
2079
Address
35 West Wacker Drive
25th Floor
Chicago, 60601, IL
United States
25th Floor
Chicago, 60601, IL
United States
Phone
773 945 6801
Website
Instrument type
Common stock
Sector
Communication Services
Industry
Internet Content & Information
Country
United States
MIC code
XNGS