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Groupon Essay

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GROUPON (the "Group + coupon" derived a new word) is the world's largest buy site for daily overkill discount shopping platform and low-cost promotions daily coupons for different customers collectively purchase. Groupon was founded the first company in Chicago in November 2008, and later rapid expansion points to Boston, New York City and Toronto. By October 2010, to more rapid development of the world, including about 150 locations in North America, 100 markets in Europe, Asia and South America across 49 countries worldwide and more than 500 cities, with a 35 million registered users. The idea for Groupon was founded by Andrew Mason. The idea subsequently gained the attention of his former employer, Eric Lefkofsky, who provided $1 million to develop the idea. In April 2010, the company was valued at $1.35 billion. In December 2010 to buy the world's largest buy network Groupon map diary and millions of users buy nets, Groupon Taiwan formally established sub-station. 2012 Groupon Taiwan officially announced Chinese screen name - Taiwan cool friends. Groupon offers different selection of buy discount every day, such as restaurants, SPA beauty, home delivery of goods, tourism, exhibitions, in different cities to provide low value selection. Following the July 2012 opened the world's first Concept Store in Singapore, Groupon again set …show more content…

Enlist the world company (GroupNet) by the F group and Gao Peng, a joint venture company will be unified under the brand name of high friends network. The new company equity ratio: Tencent accounted for 30%, Groupon accounted for more than 10%, accounting for nearly 10% of Legend Capital, the remaining 40% of shares held by

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