Groupon to Launch in Phoenix on August 17

Growing Local Shopping Website Will Deliver Customers to Businesses and Millions in Savings to Consumers Through the Power of Group Purchasing

Groupon (http://www.groupon.com), a shopping website offering a daily deal on the best local goods, services, events, and culture, will launch in Phoenix on August 17.

Groupon negotiates unprecedented deals with top businesses through its new spin on e-commerce: collective buying. On Groupon, deals are only activated if a minimum number of people agree to buy. By guaranteeing businesses a large number of new customers, Groupon creates a win-win for local merchants and consumers.

Phoenix will be Groupon’s thirteenth city. Since its Chicago launch in November 2008, Groupon has delivered millions in revenue to local businesses while saving its 500,000 subscribers more than $11 million.

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

During its first week in Phoenix, featured businesses will include popular restaurants, a rock-climbing gym and a nail salon. Groupon subscribers receive free daily emails alerting them to the offers and often use social media tools such as Facebook and Twitter to share the deals with family and friends in each 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 America with plans to be in at least 25 by the end of 2009. Groupon uses collective buying power to offer unbeatable prices and provide a win-win for businesses and consumers. In addition to Chicago, Groupon operates in Atlanta, Boston, Dallas, Denver, Houston, Los Angeles, New York City, San Diego, San Francisco, Seattle and Washington, DC. 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.
Contacts

Groupon
Mark Desky
Phone: 312.604.5470
mark {at} groupon(.)com