Groupon Launches in Honolulu

Upcoming Features Include Crepe Café, Spa Package and Haunted House

HONOLULU--(BUSINESS WIRE)--Groupon (http://www.groupon.com), a shopping website that offers a daily deal on the best local goods, services and cultural events in more than 250 markets around the world, launched in Honolulu on October 20, 2010.

“We will offer residents and visitors unbeatable deals on the best that Honolulu has to offer, while driving new streams of revenue to top local businesses.”

“We are thrilled to introduce Groupon to Hawaii, and Honolulu’s world-class dining, shopping, museums, galleries and outdoor adventures are ideal for the Groupon model,” said Rob Solomon, president and chief operating officer of Groupon. “We will offer residents and visitors unbeatable deals on the best that Honolulu has to offer, while driving new streams of revenue to top local businesses.”

Using the principles of collective buying, Groupon negotiates unprecedented discounts with popular businesses. Groupon subscribers get free daily emails alerting them to the deals. The deals are activated only when a minimum number of people agree to buy, encouraging subscribers to share the promotion with family and friends. By guaranteeing a large number of new customers, Groupon has created a powerful new marketing vehicle for local merchants. This innovative approach to e-commerce has brought millions of dollars in new revenue to local businesses while saving nearly $600 million for subscribers across North America.

“Groupon brings buyers and sellers together in a fun and collaborative way,” said Solomon. “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 Honolulu, Groupon’s featured deals included a soul food restaurant, smoothie shop and scuba diving lessons. Upcoming deals include a crepe café, spa package and haunted house tickets. Honolulu is Hawaii’s first Groupon 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 more than 250 markets around the world. Groupon uses collective buying power to offer unbeatable prices and provide a win-win for businesses and consumers, delivering nearly 200 deals daily throughout the United States and Canada. 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.

For more information on Groupon apps for the iPhone and Android, visit http://www.groupon.com/mobile.

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