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  5. Groupon Acquires CityDeal

M&A Deal Summary

Groupon Acquires CityDeal

On May 16, 2010, Groupon acquired e-commerce company CityDeal

Acquisition Highlights
  • This is Groupon’s 1st transaction in the E-Commerce sector.
  • This is Groupon’s 1st transaction in Germany.

M&A Deal Summary
Date 2010-05-16
Target CityDeal
Sector E-Commerce
Buyer(s) Groupon
Deal Type Add-on Acquisition

Target

CityDeal

Germany
CityDeal is a provider of deals site providing consumers with discounted deals for products and services.

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Buyer(S) 1

Buyer

Groupon

Chicago, Illinois, United States
Category Company
Founded 2008
Sector E-Commerce
Employees2,079
Revenue 493M USD (2024)
DESCRIPTION
Groupon's corporate headquarters in Chicago, Illinois.
Groupon's corporate headquarters in Chicago, Illinois.

Groupon is a social eCommerce site. Groupon leverages social media and collective buying power to feature daily deals in more than 500 markets around the world. Groupon was formed in 2008 and is based in Chicago, Illinois.

DEAL STATS #
Overall 2 of 37
Sector: E-Commerce M&A 1 of 8
Type: Add-on Acquisition M&A Deals 2 of 36
Country: Germany M&A 1 of 1
Year: 2010 M&A 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-05-05 Mob.ly

San Francisco, California, United States

Mob.ly is a mobile application service. Mob.ly works with clients to create mobile applications from top to bottom (from conception to design and testing), has built apps for clients like Comedy Central, NBC, Digg and Yahoo!.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-06-24 ClanDescuento.com

Santiago, Chile

ClanDescuento.com is a provider of deal site.

Buy -
Mergr

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