 | This article contains content that is written like an advertisement .(August 2010) |
 | |
Type of site | Electronic Commerce |
|---|---|
| Owner | Groupon |
| URL | www.groupon.co.uk |
| Commercial | Yes |
| Registration | None |
| Launched | December, 2008 |
| Current status | Online |
Groupon MyCityDeal is a collective buying power, deal-of-the-day website that is focused on bringing discounted price deals [1] in the lifestyle and leisure sector to UK and European markets.
Founded in Berlin as CityDeal in December 2009, the collective now serves Germany, France, Spain, Sweden, Austria, the Netherlands, the United Kingdom, Italy, Ireland and Turkey.
The service was acquired in May 2010 by Groupon, an operator of a similar service in the United States, and was co-branded under the Groupon name. The acquisition increased Groupon's operations in European markets. [2]
Barclaycard is a brand for credit cards of Barclays PLC. As of 2010, Barclays had over ten million customers in the United Kingdom.
The Office of Fair Trading (OFT) was a non-ministerial government department of the United Kingdom, established by the Fair Trading Act 1973, which enforced both consumer protection and competition law, acting as the United Kingdom's economic regulator. The intention was for the OFT to make markets work well for consumers, ensuring vigorous competition between fair-dealing businesses and prohibiting unfair practices such as rogue trading, scams, and cartels. Its role was modified and its powers changed by the Enterprise Act 2002.
Group buying, also known as collective buying, offers products and services at significantly reduced prices on the condition that a minimum number of buyers would make the purchase. Origins of group buying can be traced to China, where it is known as Tuán Gòu, or team buying.
Deal-of-the-day is an ecommerce business model in which a website offers a single product for sale for a period of 24 to 36 hours. Potential customers register as members of the deal-a-day websites and receive online offers and invitations by email or social networks.
The Commissioner for Internal Market is a member of the European Commission. The post is currently held by Commissioner Thierry Breton.
Eric Paul Lefkofsky is an American billionaire businessman. He is the founder of Tempus, and the co-founder of Groupon, Echo Global Logistics (ECHO), InnerWorkings (INWK), and Mediaocean. He is an early investor in Uptake, and the managing director of Chicago-based venture capital firm Lightbank. As of October 2021, his net worth was estimated at US$4.1 billion.
Groupon is an American global e-commerce marketplace connecting subscribers with local merchants by offering activities, travel, goods and services in 13 countries. Based in Chicago, Groupon was launched there in November 2008, launching soon after in Boston, New York City and Toronto. By October 2010, Groupon was available in 150 cities in North America and 100 cities in Europe, Asia and South America, and had 35 million registered users. By the end of March 2015, Groupon served more than 500 cities worldwide, nearly 48.1 million active customers and featured more than 425,000 active deals globally in 48 countries.
BuyWithMe was a social e-commerce company that was known as the first competitor to group buying website Groupon. Launched in Boston and then later based in New York City, BuyWithMe allowed consumers to leverage group buying power to get discounts with local merchants online.
LivingSocial is an online marketplace that allows its registered users to buy and share things to do in their city. Formerly headquartered in Washington, D.C., LivingSocial had roughly 70 million members around the world in 2013. The company shrank from a peak of 4,500 employees in 2011 to about 200 in 2016. LivingSocial was purchased by Groupon in 2016.
Facebook Credits was a virtual currency that enabled people to purchase items in games and non-gaming applications on the Facebook Platform. One U.S. dollar was the equivalent of 10 Facebook Credits. Facebook Credits were available in 15 currencies including U.S. dollars, pound sterling, euros, and Danish kroner. Facebook was hoping eventually to expand Credits into a micropayment system open to any Facebook application, whether a game or a media company application. Facebook deprecated Credits in favour of users' local currencies.
Andrew D. Mason is an American businessman and entrepreneur. He is the founder and former CEO of Groupon, a Chicago-based website offering users discounts on local businesses and scholarships. He is also the founder and CEO of Descript, an audio and video editing tool powered by machine learning.
Google Offers was a service offering discounts and coupons. Initially, it was a deal-of-the-day website similar to Groupon, but it later changed focus. Rather than a small number of prepaid offers, it instead offered many smaller discounts. It is additionally integrated with both Google Maps and Google Wallet for mobile offers. In 2014, Google announced it would be shutting the service down.
WagJag is a discount product website based in Toronto, Canada. Founded in 2009, it was owned for six years by Emerge Commerce, a company established by entrepreneur Ghassan Halazon and others.
Savored is a provider of digital marketing for premier restaurants; the service was founded by Benjamin McKean and Daniel Leahy in New York City in 2009. The service acts as a marketing tool for high-end restaurants used to seat tables that would otherwise go unseated, while consumers receive a discount at these restaurant. The goal of the business is to provide a variable pricing model for restaurants to match demand with supply, similar to the method used in other hospitality markets.
Rajen Ruparell is a Canadian entrepreneur, investor, board director and philanthropist. He is best known as the Founder and Chairman of Endy and as Co-Founder of Groupon International via acquisition of his company Citydeal.
Christopher Muhr is a German serial entrepreneur with investments and board seats in startups in Europe, Israel and North America. He is best known for co-founding Groupon International (Citydeal), Canadian Mattress brand Endy, prop tech startup McMakler and scaling Auto1 in the role of COO.
OrderUp is an online and mobile food-ordering and delivery company which operated in at least 37 markets. Prior to being acquired by Grubhub, OrderUp was a part of the Groupon family of companies and operated as both OrderUp and Groupon-To-Go.
Joel Neoh Eu-Jin is a Malaysian entrepreneur, speaker, and investor. He is best known for his role as the founder of Groupon Malaysia and as the International Vice President of Groupon Asia Pacific. He is the founder of Fave but stepped down as its CEO in 2023.
Meituan, formerly Meituan-Dianping, is a Chinese shopping platform for locally found consumer products and retail services including entertainment, dining, delivery, travel and other services. The company is headquartered in Beijing and was founded in 2010 by Wang Xing. The company operates different apps and websites for different services. The Meituan site offers deals of the day by selling vouchers on local services and entertainment. By May 2014, the company had 5,000 employees. In 2015, Meituan merged with Dazhong Dianping and changed its name to "Meituan-Dianping". dianping.com hosts consumer reviews of restaurants, similar to Yelp and TripAdvisor, and also offers group buying similar to Groupon. Meituan-Dianping is one of the world's largest online and on-demand delivery platforms. It has over 290 million monthly active users and 600 million registered users as of April 2018. In Q2 2021, GTV of Meituan food delivery business increased by 59.5% year over year. The daily average number of food delivery transactions increased by 58.9% year over year to 38.9 million.
Wowcher Ltd is the second largest British e-commerce deal of the day site in the UK and Ireland.