The leading ecommerce company continues to grow on a local and global
scale
CHICAGO--(BUSINESS WIRE)--
Groupon launched a national deal for Yogen Früz, a leading global frozen
yogurt franchise, in major markets all across Canada. There are two
options available: C$6 for C$10 or C$25 for C$50 (divided into five C$10
Groupons) worth of frozen yogurt, smoothies and milkshakes. The deal
ends on Sept. 24.
The Yogen Früz deal is currently available in the following cities:
From both a supply and demand standpoint, Groupon has been growing; the
company has sold more than 600 million units worldwide to date. In the
second quarter of this year, active deals increased to more than 240,000
around the globe. Additionally, North American customer satisfaction is
best-in-class with 95% of customers satisfied with their most recent
purchase. Mobile popularity has also increased, given app downloads
increased to nearly 92 million and mobile transactions hit another
all-time high in June 2014.
Groupon demonstrates a strong financial position with significant
balance sheet flexibility. At the end of the second quarter, the company
had $868.1 million in cash and cash equivalents, and it continues to
invest in products and technology that improve the customer and merchant
experience.
Groupon's local ecommerce marketplace had more than 240,000 active deals
globally and more than 105,000 in North America at the end of Q2. To get
started with building a Groupon deal, merchants can visit https://www.grouponworks.com/get-featured.
Consumers can search for great deals at www.groupon.com
and download the mobile app at www.groupon.com/mobile.
About Groupon
Groupon (NASDAQ: GRPN) is a global leader of local commerce and the
place you start when you want to buy just about anything, anytime,
anywhere. By leveraging the company's global relationships and scale,
Groupon offers consumers a vast marketplace of unbeatable deals all over
the world. Shoppers discover the best a city has to offer on the web or
on mobile with Groupon Local, enjoy vacations with Groupon Getaways, and
find a curated selection of electronics, fashion, home furnishings and
more with Groupon Goods.
Groupon is redefining how traditional small businesses attract, retain
and interact with customers by providing merchants with a suite of
products and services, including customizable deal campaigns, credit
card payment processing capabilities, and point-of-sale solutions that
help businesses grow and operate more effectively. To search for great
deals or subscribe to Groupon emails, visit
www.Groupon.com. To download Groupon's five-star mobile apps, visit
www.groupon.com/mobile. To learn more about the company's merchant
solutions and how to work with Groupon, visit 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, 2013 and subsequently filed
quarterly reports 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).
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.
Press Contact:
Groupon
Erin Yeager, 312-999-3434
eyeager@groupon.com
Source: Groupon
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