Groupon, Inc., which describes itself as “a local e-commerce marketplace that connects merchants to consumers by offering goods and services at a discount,” has filed a registration statement.
|An SI Board Since June 2011|
Company website: groupon.com
SEC filings: sec.gov
The company went public on November 4, 2011 at $20,.00 per share. On June 9, 2020, the company's shareholders approved a one-for-twenty reverse stock split, which became effective on June 10, 2020.
From the company's original S-1 registration statement:
Groupon is a local e-commerce marketplace that connects merchants to consumers by offering goods and services at a discount. Traditionally, local merchants have tried to reach consumers and generate sales through a variety of methods, including the yellow pages, direct mail, newspaper, radio, television and online advertisements, promotions and the occasional guy dancing on a street corner in a gorilla suit. By bringing the brick and mortar world of local commerce onto the internet, Groupon is creating a new way for local merchants to attract customers and sell goods and services. We provide consumers with savings and help them discover what to do, eat, see and buy in the places where they live and work.
We started Groupon in November 2008 and believe the growth of our business demonstrates the power of our solution and the size of our market opportunity: