CHICAGO--(BUSINESS WIRE)--
Groupon (http://www.groupon.com)
(NASDAQ: GRPN) today announced that Kal Raman will assume the role of
SVP, Americas. Raman will oversee the company's operations in ten
countries in North, Latin and South Americas and will be based in
Groupon's corporate headquarters in Chicago.
Raman's career spans more than 20 years in technology and retail, most
recently consulting as General Manager of Global Fulfillment at eBay.
Raman served as CEO of GlobalScholar, a leader in enterprise software to
K-12 public schools, and Senior Vice President at Amazon with
responsibility for driving its global non-media business for retailers
and sellers. In addition, he led Amazon's retail technology and
marketing units. Prior to Amazon, Kal was CEO of drugstore.com where he
joined as CIO following seven years at Wal-Mart, where he served in
numerous management roles.
"Kal brings e-commerce and operational experience to Groupon which will
benefit our customers and our merchants as we set out to become the
operating system for local business," said Andrew Mason, CEO of Groupon.
Raman is a graduate of College of Engineering, Guindy, Chennai. He
remains dedicated to improving the quality of education for
underprivileged children in his native India.
About Groupon
Groupon, launched in November 2008 in Chicago, features a daily deal on
the best stuff to do, eat, see and buy in 48 countries around the world.
Groupon uses collective buying power to offer huge discounts and provide
a win-win for business and consumers, delivering more than 1,000 daily
deals globally. To subscribe for the best deals in your city, visit http://www.groupon.com.
To learn how to become a featured business, visit http://www.grouponworks.com.
Forward-Looking Statements
This announcement contains forward-looking statements that involve risks
and uncertainties, and actual results could differ materially from those
discussed. Factors that could cause or contribute to such differences
include, but are not limited to, the factors included under the headings
"Risk Factors" and "Management's Discussion and Analysis of Financial
Condition and Results of Operations" in the company's Annual Report on
Form 10-K for the year ended December 31, 2011, filed with the
Securities and Exchange Commission, copies of which may be obtained by
visiting the company's Investor Relations web site at http://investor.groupon.com
or the SEC's web site at www.sec.gov.
Groupon's actual results could differ materially from those predicted or
implied and reported results should not be considered as an indication
of future performance. You should not rely upon forward-looking
statements as predictions of future events. Although we believe that the
expectations reflected in the forward-looking statements are reasonable,
we cannot guarantee that the future results, levels of activity,
performance or events and circumstances reflected in the forward-looking
statements will be achieved or occur. Moreover, neither we nor any other
person assumes responsibility for the accuracy and completeness of the
forward-looking statements. We undertake no obligation to update
publicly any forward-looking statements for any reason after the date of
this press release to conform these statements to actual results or to
changes in our expectations.
Groupon
Julie Mossler
312-242-2033
julie@groupon.com
or
Brunswick
Group
Aman Battish
415-671-7679
abattish@brunswickgroup.com
http://www.thenewsmarket.com/groupon
Source: Groupon
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