Groupon

About Groupon (adapted from Groupon prospectus):
Groupon is a local e-commerce marketplace that connects merchants to consumers by offering goods and services at a discount. Each day, Groupon emails their subscribers discounted offers for goods and services that are targeted by location and personal preferences. Consumers also access their deals directly through the Groupon websites and mobile applications. A typical deal might offer a $20 Groupon that can be redeemed for $40 in value at a restaurant, spa, yoga studio, car wash or other local merchant. Customers purchase Groupons from and redeem them with their merchants. Groupon revenue is the purchase price paid by the customer for the Groupon. Gross profit is the amount of revenue retained after paying an agreed upon percentage of the purchase price to the featured merchant.

This description is adapted from Groupon prospectus. This description is not intended to be a recommendation to buy stock from this company. We do not claim that all of the statements above were researched and found to be true. We present them as a general description based on what the company has said about itself at the time that they submitted their prospectus for an IPO offering. To see the company's full description, view their prospectus..