Groupon Launches in Miami

* Reuters is not responsible for the content in this press release.

Tue Sep 8, 2009 9:00am EDT

Local Restaurant, Gym, Wine Fair Among First Features on Popular Shopping
Website
MIAMI--(Business Wire)--
Groupon (http://www.groupon.com) - a shopping website that offers a daily deal
on the best local goods, services, and cultural events - launched in Miami on
September 8, 2009. 

"As a cultural hotspot with such a young, diverse population, Miami is the kind
of city that will benefit the most from Groupon`s presence," said Groupon
founder Andrew Mason. "Businesses will get a new way to stand out from a crowded
marketplace, and consumers will get unbeatable deals featuring the best Miami
has to offer." 

Using the principles of collective buying, Groupon negotiates unprecedented
deals with top businesses. Groupon subscribers receive free daily emails
alerting them to the deal. These deals are only activated if a minimum number of
people agree to buy, encouraging subscribers to share the deal with family and
friends via social media tools such as Facebook and Twitter. By guaranteeing a
large number of new customers, Groupon creates a win-win for local merchants. So
far, this innovative approach to e-commerce has generated millions in revenue
for local businesses while saving its 600,000 subscribers more than $16 million.


"Groupon brings buyers and sellers together in a fun and collaborative way,"
said Mason. "We offer the consumer a great deal they can`t get anywhere else and
deliver the sales directly to the merchant." 

During its first week in Miami, Groupon`s featured businesses will include
several popular restaurants, a rock-climbing gym, and the International Wine
Fair. Miami is Groupon`s fourteenth 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 the U.S., with plans to be
in at least 25 cities by the end of 2009. Groupon uses collective buying power
to offer unbeatable prices and provide a win-win for businesses and consumers.
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. 



Groupon
Mark Desky, 312-604-5470
mark@groupon.com

Copyright Business Wire 2009

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