Business Wire
http://www.groupon.com
June 15, 2010 08:00 AM Eastern Daylight Time 

Groupon Launches in Piedmont Triad

Upcoming Features Include Admission to Summer Arts and Music Events, American Cuisine and Jazzercise

GREENSBORO, N.C.--(BUSINESS WIRE)--Groupon (http://www.groupon.com), a shopping website that offers a daily deal on the best local goods, services and cultural events across the U.S., Canada and Europe, launched in the Piedmont Triad on June 7, 2010.

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

“Greensboro, Winston-Salem and High Point are home to an active and diverse music and art community, making it a perfect area to launch Groupon," said Groupon founder Andrew Mason. “Groupon will help locals and tourists explore all that the region has to offer at unbeatable prices while introducing new customers to local businesses.”

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 millions of subscribers more than $250 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 the Piedmont Triad, Groupon's featured deals included a bakery, a billiard club, a spa, a walking neighborhood tour and Southern cuisine. Upcoming features include admission to summer arts and music events, American cuisine and Jazzercise. Groupon is also live in the North Carolina markets of Raleigh-Durham and Charlotte.

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 150 cities 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 http://www.groupon.com.

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

To get the Groupon iPhone app, visit http://gr.pn/moblapp.

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

Contacts

Groupon
Julie Anne Mossler
312-242-2033
julie@groupon.com

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