Welcome!

News Feed Item

Groupon Kicks Off 2012 Grouponicus Holiday Shopping Season with Record-Setting Sales Weekend

For the third year in a row, the Groupon (NASDAQ: GRPN) Grouponicus Holiday Shop (http://www.groupon.com/gifts) empowered Black Friday and Cyber Monday consumers in the U.S. to give unforgettable local experiences and this season’s hottest goods. The company today announced record holiday weekend purchase rates on Groupon.com and unprecedented Black Friday transactions via Groupon’s Mobile services (http://www.groupon.com/mobile) and Groupon Goods (http://www.groupon.com/goods), which celebrated the biggest four-day weekend of sales since its inception.

If early Grouponicus activity is any indication, shoppers are beginning to view in-store doorbusters and “blink and miss it” hourly deals as outdated as holiday relics like printed gift receipts and answering machine carols. Instead, consumers turned to the convenience of mobile shopping and the hyperlocal Groupon platform to hit every person on their list.

“It’s the Year of Mobile,” said Kal Raman, COO, Groupon. “Shoppers are depending on Groupon to browse and buy on the go, simultaneously shipping gifts to loved ones across the country and driving traffic into brick and mortar businesses to support local economies. We’re proud of such an explosive start to the Grouponicus season and the assistance we’ll provide both consumers and merchants at this time of year.”

Record Transaction Rate on Groupon.com – Local Gifts in High Demand

  • On Black Friday Groupon saw almost twice the purchase rate of its previous busiest day on record
  • Buying local is critical in helping hundreds of thousands of consumers celebrate the holidays:
    • Leisure activities like the Ice Castles holiday exhibit at Mall of America, Seven Peaks waterpark in Utah and Wine and Palette social painting classes in Oklahoma each sold thousands of units
    • Restaurants reigned as the top deal category purchased with more than 207,400 restaurants, bakeries and desserts units sold…
    • ….Which opened the door for New Year’s resolutions as gift opportunities: shoppers grabbed more than 17,625 fitness deals to help friends and family get healthy in 2013

Unprecedented Mobile Performance

  • Black Friday transactions via Mobile were up 140% year over year, driving more than 40% of total Groupon transactions and more than half of Groupon Goods’ transactions
  • Groupon saw record-setting mobile traffic, with users ordering at a rate of 4x a normal Friday morning

Groupon Goods Celebrates Biggest Four Day Weekend Since Inception

  • Early best sellers indicate thoughtful and stylish gifts are at the top of shoppers’ lists this year:
    • Keepsakes are the ultimate versatile gift: More than 43,000 Customizable Photo Books sold to help holiday memories last all year
    • You’re getting an iPhone: If 40,000 iPhone Case purchases are any indication, look under the tree for a new phone that needs protecting
    • Bling is always in style: 84,000 lobes will sparkle this season thanks to 42,000 Topaz Earrings purchased through Groupon Goods
  • …..And toys are always a hit for any age!
    • Don’t worry about sitting at the kids’ table – find one of the 11,000 Flying Helicopters purchased to annoy the “adults”

Grouponicus is Groupon’s third annual ancient wintertime celebration, offering deals that are perfect for gifting. This year the company introduced a host of new Grouponicus features, including a holiday toy catalog, free shipping and returns on Groupon Goods and the first-ever Gift Finder (http://www.groupon.com/gifts), eliminating the guesswork from gift decisions. After a user answers three simple questions about the giftee, the Gift Finder searches through thousands of Groupon deals Groupon to display the perfect options. Additionally, Groupon Grassroots has launched a series of six national campaigns as a part of “The Big Give,” a holiday initiative to showcase charitable giving. Visit http://www.groupon.com/grassroots to donate and learn more.

About Groupon

Groupon (NASDAQ: GRPN) is a global leader in local commerce, making it easy for people around the world to search and discover great businesses at unbeatable prices. Groupon is reinventing the traditional small business world by providing merchants with a suite of products and services, including customizable deal campaigns, credit card payments processing capabilities and point-of-sale solutions to help them attract more customers and run their operations more effectively. By leveraging the company’s global relationships and scale, Groupon offers consumers incredible deals on the best stuff to eat, see, do, and buy in 48 countries. With Groupon, shoppers discover the best a city has to offer with Groupon Local, enjoy vacations with Groupon Getaways, and find a curated selection of electronics, fashion, home furnishings and more with Groupon Goods. To 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.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 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.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
We are seeing a major migration of enterprises applications to the cloud. As cloud and business use of real time applications accelerate, legacy networks are no longer able to architecturally support cloud adoption and deliver the performance and security required by highly distributed enterprises. These outdated solutions have become more costly and complicated to implement, install, manage, and maintain.SD-WAN offers unlimited capabilities for accessing the benefits of the cloud and Internet. ...
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
DXWorldEXPO LLC announced today that "IoT Now" was named media sponsor of CloudEXPO | DXWorldEXPO 2018 New York, which will take place on November 11-13, 2018 in New York City, NY. IoT Now explores the evolving opportunities and challenges facing CSPs, and it passes on some lessons learned from those who have taken the first steps in next-gen IoT services.
SYS-CON Events announced today that Silicon India has been named “Media Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Published in Silicon Valley, Silicon India magazine is the premiere platform for CIOs to discuss their innovative enterprise solutions and allows IT vendors to learn about new solutions that can help grow their business.
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...
In this presentation, you will learn first hand what works and what doesn't while architecting and deploying OpenStack. Some of the topics will include:- best practices for creating repeatable deployments of OpenStack- multi-site considerations- how to customize OpenStack to integrate with your existing systems and security best practices.
SYS-CON Events announced today that CrowdReviews.com has been named “Media Sponsor” of SYS-CON's 22nd International Cloud Expo, which will take place on June 5–7, 2018, at the Javits Center in New York City, NY. CrowdReviews.com is a transparent online platform for determining which products and services are the best based on the opinion of the crowd. The crowd consists of Internet users that have experienced products and services first-hand and have an interest in letting other potential buye...
Security, data privacy, reliability and regulatory compliance are critical factors when evaluating whether to move business applications from in-house client hosted environments to a cloud platform. In her session at 18th Cloud Expo, Vandana Viswanathan, Associate Director at Cognizant, In this session, will provide an orientation to the five stages required to implement a cloud hosted solution validation strategy.
In his session at 20th Cloud Expo, Scott Davis, CTO of Embotics, discussed how automation can provide the dynamic management required to cost-effectively deliver microservices and container solutions at scale. He also discussed how flexible automation is the key to effectively bridging and seamlessly coordinating both IT and developer needs for component orchestration across disparate clouds – an increasingly important requirement at today’s multi-cloud enterprise.
You want to start your DevOps journey but where do you begin? Do you say DevOps loudly 5 times while looking in the mirror and it suddenly appears? Do you hire someone? Do you upskill your existing team? Here are some tips to help support your DevOps transformation. Conor Delanbanque has been involved with building & scaling teams in the DevOps space globally. He is the Head of DevOps Practice at MThree Consulting, a global technology consultancy. Conor founded the Future of DevOps Thought Leade...
Jo Peterson is VP of Cloud Services for Clarify360, a boutique sourcing and benchmarking consultancy focused on transforming technology into business advantage. Clarify360 provides custom, end-to-end solutions from a portfolio of more than 170 suppliers globally. As an engineer, Jo sources net new technology footprints, and is an expert at optimizing and benchmarking existing environments focusing on Cloud Enablement and Optimization. She and her team work with clients on Cloud Discovery, Cloud ...
Founded in 2000, Chetu Inc. is a global provider of customized software development solutions and IT staff augmentation services for software technology providers. By providing clients with unparalleled niche technology expertise and industry experience, Chetu has become the premiere long-term, back-end software development partner for start-ups, SMBs, and Fortune 500 companies. Chetu is headquartered in Plantation, Florida, with thirteen offices throughout the U.S. and abroad.
Everyone wants the rainbow - reduced IT costs, scalability, continuity, flexibility, manageability, and innovation. But in order to get to that collaboration rainbow, you need the cloud! In this presentation, we'll cover three areas: First - the rainbow of benefits from cloud collaboration. There are many different reasons why more and more companies and institutions are moving to the cloud. Benefits include: cost savings (reducing on-prem infrastructure, reducing data center foot print, redu...
The technologies behind big data and cloud computing are converging quickly, offering businesses new capabilities for fast, easy, wide-ranging access to data. However, to capitalize on the cost-efficiencies and time-to-value opportunities of analytics in the cloud, big data and cloud technologies must be integrated and managed properly. Pythian's Director of Big Data and Data Science, Danil Zburivsky will explore: The main technology components and best practices being deployed to take advantage...
The standardization of container runtimes and images has sparked the creation of an almost overwhelming number of new open source projects that build on and otherwise work with these specifications. Of course, there's Kubernetes, which orchestrates and manages collections of containers. It was one of the first and best-known examples of projects that make containers truly useful for production use. However, more recently, the container ecosystem has truly exploded. A service mesh like Istio addr...