Formerly known as ThePoint.com, Groupon runs an online commerce platform that links e-consumers and e-traders. Its diversified portfolio offers online shoppers discounted deals on a wide variety of services and goods. These include, among others, clothes, household items, travel and accommodation deals, electronics, sporting goods, and home and garden items. This company was founded in 2008 and is headquartered in Chicago, Illinois with ancillary offices in Madrid and London.
Trading under the ticker GRPN, Groupon is listed on the Nasdaq Global Select Market (Nasdaq GS). This company employs more than 4,000 full-time employees across its three locations. When the market closed on 7 December 2020, a GRPN share traded at $33.75 with a negative change of 2.48%. Groupon has an ISS governance rating of 2.
Groupon’s e-commerce platform is available on all desktop and mobile devices that have an internet connection. The company offers significant discounts on the services and goods listed on its platform. Groupon has approximately 100 million subscribers and mostly adheres to an online marketing policy. This company is partnered with Microsoft, Yahoo, and Redbox. Groupon has an agreement with eBay for the sale of Daily Deals.
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