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Slide #34. Groupon — Savored
Groupon announced it has acquired Savored (http://www.savored.com), a leading provider of reservations at the best restaurants across the United States. Terms of the deal were not disclosed.
Groupon operates online local commerce marketplaces that connect merchants to consumers by providing goods and services at a discount. Co. provides goods and services in three primary categories: Local Deals, which comprise multiple subcategories, including events and activities, beauty and spa, health and fitness, food and drink, home and garden and automotive; Groupon Goods, which provides customers the ability to find deals on merchandise across multiple product lines, including electronics, sporting goods, jewelry, toys, household items and apparel; and Groupon Getaways, which provides at both discounted and market rates, including hotels, airfare and package deals.
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