Groupon Expands Daily Deal Operations To Japan And Russia

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18th August 2010, 08:55am - Views: 1625





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MEDIA RELEASE PR40833


Groupon Expands Daily Deal Operations to Japan and Russia


CHICAGO, Aug. 18 /PRNewswire-AsiaNet/ --


        Acquisition of leading local deal sites establishes presence in

                           largest global markets


    Groupon (http://www.groupon.com), a local shopping website that offers a

daily deal on the best goods, services and cultural events in 230 markets

across the world, has announced the launch of Groupon Japan and Groupon

Russia via acquisition of daily deal sites Qpod (http://www.qpod.jp) and

Darberry (http://www.darberry.ru), respectively. Terms of the deals were not

disclosed.


    Both Qpod and Darberry launched earlier this year and will be led by the

companies' founders: Keisuke Seto of Qpod-Groupon Japan and Alexey Chernyak

of Darberry-Groupon Russia, both with significant sales and technology

experience. Qpod and Darberry will transition to the Groupon brand name and

site design in the coming months.


    "The launch of Groupon Japan and Groupon Russia reaffirms our global

expansion into Asia and deeper into Europe," said Rob Solomon, president and

chief operating officer of Groupon. "We are focusing our people and capital

on markets with the largest return on investment and these markets represent

a tremendous global e-commerce opportunity for us."


    Groupon Japan and Groupon Russia will join Groupon's global network,

offering unbeatable deals to more than 13 million subscribers in 29 countries

and saving hundreds of millions of dollars for consumers since the site's

launch in November 2008. Groupon employs more than 1,200 people worldwide.


    About Groupon

    Groupon, launched in November 2008 in Chicago, features a daily deal on

the best stuff to do, eat, see, and buy in more than 230 markets across the

world. Groupon uses collective buying power to offer unbeatable prices and

provide a win-win for businesses and consumers. For more information, visit



     SOURCE:  Groupon


    CONTACT:  Julie Mossler of Groupon

              +1-312-242-2033

              julie@groupon.com


              Kohei Yamagami

              +03-3571-5236

              k-yamagami@kyodo-pr.co.jp


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