Local business champions team up to provide people with more ways to
save money at neighborhood restaurants
CHICAGO--(BUSINESS WIRE)--May 7, 2018--
Groupon, a marketplace where you can save up to $100 a week on the
things that you do every day in your neighborhood, has added American
Express, a fellow champion of supporting local, independently-owned
small businesses, to its Groupon+
(Groupon Plus) free-to-claim, cash-back restaurant deals program
currently available in approximately 25 U.S. markets. Once the
partnership is fully ramped, American Express Card Members in Groupon+
cities will be able to take advantage of offers at thousands of
participating local restaurants––all without the hassle of a having to
print out a piece of paper or hand over their phone.
“We’re thrilled to add American Express to our growing Groupon+
program––giving us the three largest payment networks in North America,”
said Groupon’s President of North America Aaron Cooper. “Groupon+
removes the hassles associated with using a Groupon voucher at local
restaurants and makes it super easy for people to take advantage of
great offers when they use their enrolled card to dine out in their
neighborhood.”
At the end of 2017, Groupon+ had 2.7 million cards enrolled in the
program and nearly doubled consumer and merchant participation in each
of the previous two quarters.
How Groupon+ Deals Work:
-
Free to claim - Get cash back deals for FREE without pre-paying for
anything
-
Easy - No awkward printouts, no blackout dates
-
Every Time - Once enrolled, the offer is good every time you purchase
something from participating restaurants for the duration of the
promotion
Together, American Express, Mastercard and Visa accounted for 96 percent
of purchase volume on U.S. general purpose credit cards in 2017.*
To sign up for Groupon+, people can visit https://www.groupon.com/plus/signup
to enroll and start adding cash-back restaurant offers to their eligible
credit cards.
*https://www.nilsonreport.com/publication_chart_and_graphs_archive.php?1=1&year=2018
Note on Forward-Looking Statements
The statements contained in this release that refer to plans and
expectations for the future are forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended, that
involve a number of risks and uncertainties, and actual results could
differ materially from those discussed. The words "may," "will,"
"should," "could," "expect," "anticipate," "believe," "estimate,"
"intend," "continue," "plan" and other similar expressions are intended
to identify forward-looking statements. These forward-looking statements
involve risks and uncertainties that could cause our actual results to
differ materially from those expressed or implied in our forward-looking
statements. Such risks and uncertainties include, but are not limited
to, volatility in our operating results; risks related to our business
and marketing strategies, including our strategy to grow our local
marketplaces, retaining existing customers and adding new customers,
Groupon+ and other initiatives; challenges arising from our
international operations, including legal and regulatory developments;
retaining and adding high quality merchants, our voucherless offerings;
cybersecurity breaches; and competing successfully in our industry. For
additional information regarding these and other risks and
uncertainties, we urge you to refer to the factors included under the
headings "Risk Factors" and ''Management's Discussion and Analysis of
Financial Condition and Results of Operations'' in the Groupon’s Annual
Report on Form 10-K for the year ended December 31, 2017, and our other
filings 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 an indication of
future performance.
You should not rely upon forward-looking statements as predictions of
future events. Although Groupon believes that the expectations reflected
in the forward-looking statements are reasonable, it 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 the company nor any other person
assumes responsibility for the accuracy and completeness of the
forward-looking statements. The forward-looking statements reflect
Groupon's expectations as of the date of this release. Groupon
undertakes no obligation to update publicly any forward-looking
statements for any reason after the date of this release.
About Groupon
Groupon (NASDAQ: GRPN) is building the daily habit in local commerce,
offering a vast mobile and online marketplace where people discover and
save on amazing things to do, see, eat and buy. By enabling real-time
commerce across local businesses, travel destinations, consumer products
and live events, shoppers can find the best a city has to offer.
Groupon is redefining how small businesses attract and retain customers
by providing them with customizable and scalable marketing tools and
services to profitably grow their businesses.
To download Groupon's top-rated mobile apps, visit www.groupon.com/mobile.
To search for great deals or subscribe to Groupon emails, visit www.groupon.com.
To learn more about the company’s merchant solutions and how to work
with Groupon, visit www.groupon.com/merchant.
"Groupon" and “Groupon+” are trademarks of Groupon, Inc. All other
names used may be trademarks owned by their respective holders.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180507005759/en/
Source: Groupon
Groupon
Nick Halliwell
312.999.3812
nhalliwell@groupon.com