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The name for the e-commerce platform, Groupon is a portmanteau of "group" and "coupon". Groupon's first deal was a two-pizzas-for-the-price-of-one offer at Motel Bar, a restaurant on the first floor of its building in Chicago. [10] [18] [19] The decision to focus on group buying proved wise.
Zazzle was launched from their garage by Robert, Bobby, and Jeffrey Beaver, and went live in 2005. [5] The company received an initial investment of US$16 million in July 2005 from Google investors John Doerr and Ram Shriram, [3] and an additional investment of US$30 million in October 2007.
T213 Chief Bender card. T213 refers to the catalog designation assigned by Jefferson Burdick in his book The American Card Catalog. The series is also known by the name of the tobacco manufacturer whose advertisements appear on the backs of the cards, "Coupon Cigarettes." The T213 designation actually is used to refer to three different issues ...
It's fitting that Groupon -- the daily deals leader that at one time was valued as high as $20 billion -- is finally gearing up to go public at a discount. The Wall Street Journal is reporting ...
With Groupon taking 50 percent of every deal, plus a small credit-card handling fee, [9] in late 2010 it was reported by Mashable that Groupon's annual revenue was $800 million. [10] On December 1, 2010, The New York Times reported that Groupon was the subject of a $6 billion acquisition bid from Google , which Groupon turned down.
It's been a long and arduous journey for Groupon (NAS: GRPN) , but its expedition to go public has now come to fruition. The offering priced at $20 per share, higher than the initial range of $16 ...
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