M&A Deal Summary

Groupon Acquires TMON

On November 7, 2013, Groupon acquired e-commerce company TMON from LivingSocial for 260M USD

Acquisition Highlights
  • This is Groupon’s 5th transaction in the E-Commerce sector.
  • This is Groupon’s largest (disclosed) transaction.
  • This is Groupon’s 1st transaction in South Korea.
Investment Fate
  • TMON was sold to a consortium of buyers in 2015.
  • TMON was sold to a strategic buyer in 2022.

M&A Deal Summary
Date 2013-11-07
Target TMON
Sector E-Commerce
Buyer(s) Groupon
Sellers(s) LivingSocial
Deal Type Divestiture
Deal Value 260M USD

Target

TMON

Seoul, South Korea
TMON is a mobile-first, e-commerce platform that provides a premium online and mobile shopping experience to customers across South Korea. TMON offers a curated selection of discounted items across the categories of Goods, Local Services, and Travel. TMON was founded in 2010 and is based in Seoul, South Korea.

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Buyer(S) 1

Buyer

Groupon

Chicago, Illinois, United States
Category Company
Founded 2008
Sector E-Commerce
Employees2,213
Revenue 515M USD (2023)
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 28 of 37
Sector (E-Commerce) 5 of 8
Type (Divestiture) 1 of 1
Country (South Korea) 1 of 1
Year (2013) 6 of 6
Size (of disclosed) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-18 SideTour

New York, New York, United States

SideTour, Inc. is an online marketplace that helps people discover, book and host great local activities.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-13 Ideeli

New York, New York, United States

ideeli is an e-commerce company offering a curated selection of apparel, accessories, shoes and travel products.

Buy $43M

Seller(S) 1

SELLER

LivingSocial

Washington, District of Columbia, United States
Category Company
Founded 2007
Sector E-Commerce
DESCRIPTION

LivingSocial, Inc. is an online marketplace to buy and share things to do in your city and beyond. Company provide a trusted, convenient source for finding value on everyday items and activities and identifying novel, enriching and fun experiences to enjoy and share with friends.

DEAL STATS #
Overall 1 of 3
Sector (E-Commerce) 1 of 1
Type (Divestiture) 1 of 2
Country (South Korea) 1 of 1
Year (2013) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-04-27 ONOSYS Online Ordering System

Cleveland, Ohio, United States

ONOSYS Online Ordering System is a veteran developer of enterprise-level online ordering systems for restaurants.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-01 Ensogo Holdings

Indonesia

Ensogo is a social shopping website operating in Thailand, Philippines, and Indonesia. The Company was formed in 2010 and is based in Indonesia.

Sell $19M
Mergr

Product

Company

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