Groupon (NASDAQ: GRPN) (http://www.groupon.com)
today announced a record holiday weekend in North America on
Groupon.com, celebrating its biggest four-day weekend of sales since its
inception.
“More and more people are doing their holiday shopping on Groupon,” said
Groupon CEO Eric Lefkofsky. “With our redesigned website and mobile apps
with integrated search, it’s easier than ever to explore our
marketplace. And with more than 50% of our transactions coming from
mobile, we’ve become a necessity this holiday season for customers when
they want to buy just about anything, anytime, anywhere.”
This year’s Black Friday and Cyber Monday were the two biggest days in
North America in Groupon’s history. For the full four-day weekend,
billings were up nearly 30% compared to last year.
Products from such categories as toys, electronics and home goods were
top sellers on the website and mobile apps. Overall, about 55% of North
American transactions were completed on mobile devices over the four-day
weekend.
More than 47,000 Royal
Loom Bands kits were sold over the holiday weekend -- enough loom
bands to stretch from the surface of the earth to outer space. Groupon
also sold over 15,000 Keurig
Vue V500 Brewing System bundles -- enough coffee to fill 70 Lay
Z Spa Miami Portable Hot Tubs, which were also recently featured on
the site. And 17,000 holiday chefs will be sporting Flirty
Aprons this season while (hopefully) not making fruitcake.
About Groupon
Groupon (NASDAQ: GRPN) is a global leader in local commerce, making it
easy for people around the world to search and discover great businesses
at unbeatable prices. Groupon is reinventing the traditional small
business world by providing merchants with a suite of products and
services, including customizable deals, payments processing capabilities
and point-of-sale solutions to help them attract more customers and run
their operations more effectively. By leveraging the company’s global
relationships and scale, Groupon offers consumers incredible deals on
the best stuff to eat, see, do, and buy in 48 countries. With Groupon,
shoppers discover the best a city has to offer with Groupon
Local, enjoy vacations with Groupon
Getaways, and find a curated selection of electronics, fashion, home
furnishings and more with Groupon
Goods. To subscribe to Groupon emails, visit www.Groupon.com.
To learn more about the company’s merchant solutions and how to work
with Groupon, visit www.GrouponWorks.com.
Forward-Looking Statements
This announcement contains forward-looking statements that involve risks
and uncertainties, and actual results could differ materially from those
discussed. Factors that could cause or contribute to such differences
include, but are not limited to, the factors included under the headings
''Risk Factors'' and ''Management’s Discussion and Analysis of Financial
Condition and Results of Operations'' in the company’s Annual Report on
Form 10-K for the year ended December 31, 2012 and subsequently filed
quarterly reports filed with the Securities and Exchange Commission,
copies of which may be obtained by visiting the company’s Investor
Relations web site at http://investor.groupon.com
or the SEC’s web site at (www.sec.gov).
You should not rely upon forward-looking statements as predictions of
future events. Although we believe that the expectations reflected in
the forward-looking statements are reasonable, we cannot guarantee that
the future results, levels of activity, performance or events and
circumstances reflected in the forward-looking statements will be
achieved or occur. Moreover, neither we nor any other person assumes
responsibility for the accuracy and completeness of the forward-looking
statements. We undertake no obligation to update publicly any
forward-looking statements for any reason after the date of this press
release to conform these statements to actual results or to changes in
our expectations.
Copyright Business Wire 2013