Groupon Logo – The Groupon, Inc. is a U.S. company, which publishes several websites with discount offers runs. According to the company’s Groupon in 35 countries and has more than seventy million registered users. The company name is a portmanteau word from Group and coupon, and indicates the operation of the service: Groupon offers every day to a certain discount if enough people come together. The company receives a commission in this case. For this business model has become the term Groupon naturalized.
The offers are valid for one city or region. At the start of Groupon in November 2008, Chicago , the first market, followed by Boston , New York City and Toronto . Groupon is in Germany in more than 40 cities and regions of active (January 2011) and competes with the portal Daily Deal for market leadership. Worldwide, the company serves over 1,000 markets.
he discounts offered will be judged by the consumer organization as bait. In addition, Groupon, especially in the U.S. but also in Germany criticized by partners. In particular, the contract terms and provisions of an average of 50 percent is often a cause for criticism. The Business Week said end of March 2011 even a “warning-off websites” out. In March 2012 the Office of Fair Trading Groupon reprimanded for having violated by non-example, accurate information of prices of consumer rights. The U.S. Securities and Exchange Commission SEC is investigating Groupon for correction of the first quarter figures.