Groupon Launches in Pittsburgh

Yoga Studio, Fine Dining Restaurant and Bowling Alley Among First Features on Popular Shopping Website

PITTSBURGH--(BUSINESS WIRE)--Groupon (http://www.groupon.com), a shopping website that offers a daily deal on the best local goods, services and cultural events, launched in Pittsburgh on January 11, 2010.

“Groupon brings buyers and sellers together in a fun and collaborative way”

“Pittsburgh’s economy has stayed strong despite the financial crisis, and it has been one of the few cities to add jobs,” said Groupon founder Andrew Mason. “A growing economy means more new businesses. Groupon will help those businesses find new customers. And in the process, we'll save those customers money on the things they love to do.”

Using the principles of collective buying, Groupon negotiates unprecedented deals with top businesses. Groupon subscribers receive free daily emails alerting them to the deal. These deals are only activated if a minimum number of people agree to buy, encouraging subscribers to share the promotion with family and friends via social media tools such as Facebook and Twitter. By guaranteeing a large number of new customers, Groupon creates a win-win for local merchants. So far, this innovative approach to e-commerce has generated millions in revenue for local businesses while saving two million subscribers more than $63 million.

“Groupon brings buyers and sellers together in a fun and collaborative way,” said Mason. “We offer the consumer a great deal they can’t get anywhere else and deliver the sales directly to the merchant.”

During its first week in Pittsburgh, Groupon’s featured deals will include yoga, fine dining, bowling and more. Pittsburgh is Groupon’s twenty-ninth city.

About Groupon

Groupon, launched in November 2008 in Chicago, features a daily deal on the best stuff to do, eat, see, and buy in major cities across the U.S., with plans to be in 80 cities by the end of 2010. Groupon uses collective buying power to offer unbeatable prices and provide a win-win for businesses and consumers. Groupon is a project of The Point (http://www.thepoint.com), an online community launched in 2007 for organizing group action. For more information, visit http://www.groupon.com.

To get Groupon’s daily free email for the best in your city, subscribe at http://www.groupon.com.

To learn more on how to become a featured business on Groupon, visit http://www.grouponworks.com.