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Slide #32. Groupon — CommerceInterface
Groupon (http://www.groupon.com) announced today it has acquired CommerceInterface (http://www.commerceinterface.com), a leading provider of web-based channel management technology that helps manufacturers, distributors and retailers succeed at managing their businesses and selling online. Terms of the deal were not disclosed.
Groupon is a two-sided marketplace that connects consumers to merchants. Co. operates in two segments, North America and International, and in three categories, Local, Goods and Travel. Co.'s Local category includes offerings from local and national merchants, and its relationships with local and national merchants, including advertising services. In its Goods category, Co. sells merchandise inventory directly to customers and the third-party merchants sell products to customers through its marketplaces. Through its Travel category, Co. features travel offers at both discounted and market rates, including hotels, airfare and package deals covering both domestic and international travel.
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