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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 through its websites, groupon.com, and its mobile applications. Co. provides goods and services in three categories: Local Deals, which includes offerings from local and national merchants, and local events; Groupon Goods, which provides customers the ability to find deals on merchandise across various product lines, such as electronics, sporting goods, jewelry, toys, household items and apparel; and Groupon Getaways, which features travel offers at both discounted and market rates, such as hotels, airfare and package deals covering both domestic and international travel.
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