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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.
Andrew D. Mason (born 1981) [2] is an American businessman and entrepreneur. He is the founder and former CEO of Groupon, a Chicago -based website offering users discounts on local businesses and scholarships. He is also the founder and CEO of Descript, an audio and video editing tool powered by machine learning. [3]
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]
When Google (GOOG) reportedly offered to buy Groupon for $6 billion, board members stood to make millions of dollars each. Co-founders Brad Keywell and Eric Lefkofsky could have walked away with ...
Brad Keywell ... Bradley A. Keywell (born October 1969) is an American billionaire entrepreneur. He is the founder and executive chairman of Uptake Technologies, an industrial AI software provider. He is an early investor [1] of Tempus Labs, [2] co-founder of Groupon, [3] Echo Global Logistics, Mediaocean, [4] DRIVIN, and Lightbank.
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] The company shrank from a peak of 4,500 employees in 2011 to about 200 in 2016. [6][7] LivingSocial was purchased by Groupon in 2016.
Group buying. Group buying, also known as collective buying, offers products and services at significantly reduced prices on the condition that a minimum number of buyers would make the purchase. Origins of group buying can be traced to China, where it is known as Tuán Gòu (Chinese: 团购), or team buying. [1]
Groupon MyCityDeal is a collective buying power, deal-of-the-day website that is focused on bringing discounted price deals [1] in the lifestyle and leisure sector to UK and European markets.
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