Groupon Saves Consumers More Than $1 Million in Less Than Six Months

Chicagoans, Bostonians Save Big Using Daily Discount Website


CHICAGO, April 22, 2009 (GLOBE NEWSWIRE) -- Groupon (http://www.getyourgroupon.com), the popular deal-a-day website, is proud to announce that it has saved consumers more than $1 million since launching in November 2008.

In Chicago, Groupon has run more than 100 deals, with offers from top-rated restaurants to hypnosis sessions. Groupon's deals have saved Chicagoans more than $700,000. In Boston, Groupon has offered almost 30 deals and saved consumers more than $300,000 since launching there in mid-March 2009.

"In this economy, people are looking for ways to save money without sacrificing fun," says Groupon founder Andrew Mason. "Groupon makes affordable the kinds of things that improve people's quality of life. It also helps local businesses in a time when they can use all the help they can get."

More than 60,000 people subscribe to Groupon's daily deal email. Currently available in Chicago and Boston, Groupon will launch in New York City and San Francisco in the next few months, and in several other major American cities by year's end.

Groupon has attracted a dedicated following. Some regular Groupon customers have begun calling themselves "Groupies," while others have blogged about Groupon or used the social networking service Twitter to talk about their Groupon purchases. "I wish I knew how to quit you," says one Groupon customer on Twitter; another calls Groupon her "new favorite thing."

Groupon has inspired enthusiasm not only from consumers but from business owners eager to participate. "The response to our deal was phenomenal, and Groupon is now a core component of our marketing program to attract new customers," says Susan Strauser of BriteSmile -- a teeth whitening service boutique that has offered popular deals in both Chicago and Boston. "Businesses see the new customers we generate," says Mason, "and want to be featured on Groupon."

About Groupon

Groupon, launched in November 2008 in Chicago, is a popular deal-a-day website that uses the power of group purchasing to get unbeatable deals on the best local goods, services and culture. Groupon expanded to Boston in March 2009 and plans to launch operations in other major American cities over the next several months. Groupon is a project of The Point, an online community launched in 2007 for organizing group action. For more information on Groupon, visit http://www.getyourgroupon.com.

The Groupon logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5990



            

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