Groupon Delivers Record-Breaking Sales Over the Holiday Weekend

Today, Groupon (NASDAQ: GRPN) (http://www.groupon.com) announced record-breaking holiday weekend sales* in North America, representing the most successful four days ever in the six-year history of its ecommerce marketplace. For the full Black Friday through Cyber Monday weekend, Groupon’s North American sales were up more than 25 percent compared to last year. This year's Black Friday and Cyber Monday were the two biggest days in Groupon's North American history.

“We just had our best days ever as a company as more and more shoppers are coming to Groupon via our popular mobile app to score big savings on a wide selection of amazing gifts,” said Groupon CEO Eric Lefkofsky. “With nearly double the number of deals compared to last year, we’re making it easier and quicker than ever for our customers to find something for everyone on their holiday list.”

Products from such categories as electronics, household items and jewelry were some of the top sellers in the Groupon marketplace over the four-day holiday weekend. Notable items included: an ASUS Google Nexus tablet with 1080p HD display, Chromecast and Roku streaming devices, NFL ugly sweaters, a bObsweep robotic vacuum cleaner and mop and 1.50 carat certified princess-cut or round diamond solitaire 14-karat gold rings.

Other popular selling offers in the Groupon marketplace included health and wellness and local experiences such as massages, movies, and holiday activities as well as stays in warm weather locales such as Florida, Mexico and the Caribbean.

Groupon Coupons saw a high volume of promo code redemptions for top retailers and brands such as Best Buy, Macy’s, Nike and Walmart. Snap by Groupon saw users take advantage of cashback offers on turkey, cranberries and other popular holiday delicacies.

*Customer purchases before Refunds and Order Discounts

About Groupon

Groupon (NASDAQ: GRPN) is a global leader of local commerce and the place you start when you want to buy just about anything, anytime, anywhere. By leveraging the company’s global relationships and scale, Groupon offers consumers a vast marketplace of unbeatable deals all over the world. Shoppers discover the best a city has to offer on the web or on mobile with Groupon Local, enjoy vacations with Groupon Getaways, and find a curated selection of electronics, fashion, home furnishings and more with Groupon Goods.

Groupon is redefining how traditional small businesses attract, retain and interact with customers by providing merchants with a suite of products and services, including customizable deal campaigns, credit card payment processing capabilities, and point-of-sale solutions that help businesses grow and operate more effectively. To search for great deals or subscribe to Groupon emails, visit www.Groupon.com. To download Groupon's five-star mobile apps, visit www.groupon.com/mobile. 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 and subsequent Quarterly Reports on Form 10-Q, 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 Groupon believes that the expectations reflected in the forward-looking statements are reasonable, it 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 Groupon nor any other person assumes responsibility for the accuracy and completeness of the forward-looking statements. Groupon undertakes 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.

Contacts:

Groupon
Nick Halliwell
312.999.3806
nhalliwell@groupon.com

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.