Groupon launching in Thailand

Feb 27, 2012
Groupon announced Monday it was launching in Thailand, the 47th country for the daily deals site outside the United States.

Groupon announced Monday it was launching in Thailand, the 47th country for the daily deals site outside the United States.

The Chicago-based Groupon said Groupon Thailand would initially provide discount offers in Bangkok and eventually expand to additional cities in the Southeast Asian nation.

"We are very excited to expand the benefits of Groupon to customers and in Thailand," Damian Kemner, of Groupon Thailand, said in a statement.

"With our selected merchants, we create exclusive campaigns that allow them unparalleled access to our customer base while gaining market exposure to drive new business," Kemner said.

Groupon was launched in November 2008 and was listed on last year.

Groupon shares were up 1.08 percent at $19.71 in mid-day trading on Monday.

Explore further: Yahoo profit surges on Alibaba divestment, mobile

add to favorites email to friend print save as pdf

Related Stories

Report: Groupon may delay IPO

Sep 06, 2011

Groupon Inc. may delay its plans to go public due to concerns about the stock market's stability, according to a report.

Groupon bargain service taps ex-Google exec

Apr 22, 2011

Online bargain hunter Groupon announced the appointment of former Google executive Margo Georgiadis on Thursday, saying she would oversee global sales, marketing and operations.

Groupon's public valuation close to $20 bln: report

Apr 15, 2011

US coupon deals website Groupon will likely pick Goldman Sachs Group and Morgan Stanley to be principal underwriters for its public offering later in the year, valuing the company at up to $20 billion, the ...

Recommended for you

Turner channels removed from Dish amid pact spat

12 hours ago

Channels such as Cartoon Network and CNN are no longer part of Dish's programming lineup as a deadline has passed for the satellite TV provider and Turner Broadcasting to renew their distribution agreement.

Verizon reports higher 3Q net income, revenue

13 hours ago

Verizon Communications Inc. on Tuesday reported higher net income and revenue in its third quarter, helped by strong wireless subscriber growth and demand for its high-speed FiOS Internet services.

Amazon, Simon & Schuster sign book retail deal

21 hours ago

Amazon has reached a deal with American book publisher Simon & Schuster, the companies said, though the e-commerce giant remains at loggerheads with France's Hachette over e-book pricing.

User comments : 0