Groupon Expands Daily Deal Operations to Japan and Russia
By Groupon, PRNEMonday, August 16, 2010
Acquisition of leading local deal sites establishes presence in largest global markets
CHICAGO, August 17, 2010 - Groupon (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 (www.qpod.jp) and
Darberry (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
www.groupon.com.
Julie Mossler of Groupon, +1-312-242-2033, julie at groupon.com
Tags: August 17, Chicago, Groupon, Illinois, Russia