Post a Free Blog

Submit A Press Release

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Action
Animation
ATP Tour (ATP)
Auto Racing
Baseball
Basketball
Boxing
Breaking News
Business
Business
Business Newsletter
Call of Duty (CALLOFDUTY)
Canadian Football League (CFL)
Car
Celebrity
Champions Tour (CHAMP)
Comedy
CONCACAF
Counter Strike Global Offensive (CSGO)
Crime
Defense of the Ancients (DOTA)
Documentary and Foreign
Drama
eSports
European Tour (EPGA)
Fashion
FIFA
FIFA Women’s World Cup (WWC)
FIFA World Cup (FIFA)
Fighting
Football
Formula 1 (F1)
Fortnite
Golf
Health
Hockey
Horror
IndyCar Series (INDY)
International Friendly (FRIENDLY)
Kids & Family
League of Legends (LOL)
LPGA
Madden
Major League Baseball (MLB)
Mixed Martial Arts (MMA)
MLS
Movie and Music
Movie Trailers
Mystery
NASCAR Cup Series (NAS)
National Basketball Association (NBA)
National Football League (NFL)
National Hockey League (NHL)
National Women's Soccer (NWSL)
NBA Development League (NBAGL)
NBA2K
NCAA Baseball (NCAABBL)
NCAA Basketball (NCAAB)
NCAA Football (NCAAF)
NCAA Hockey (NCAAH)
Olympic Mens (OLYHKYM)
Other
Other Sports
Overwatch
PGA
Politics
Premier League (PREM)
Romance
Sci-Fi
Science
Soccer
Sports
Sports
Technology
Tennis
Truck Series (TRUCK)
Ultimate Fighting Championship (UFC)
Uncategorized
US
Valorant
Women’s National Basketball Association (WNBA)
Women’s NCAA Basketball (WNCAAB)
World
World Cup Qualifier (WORLDCUP)
WTA Tour (WTA)
Xfinity (XFT)
XFL
0
-- Advertisement --spot_img
HomeBusinessGroupon Stocks Surge After Announcement of Google Pay Distribution Deal

Groupon Stocks Surge After Announcement of Google Pay Distribution Deal

Add to Favorite
Added to Favorite

 

On November 2, Groupon announced a new distribution partnership with the popular mobile app Google Pay. The company’s local experiences as well as travel inventory will now be available on the app. The agreement will be launched in 2022. Users of Google app will gain access to several thousand unique local experiences within the app. They will also be able to check the travel inventory offered by Groupon. Shares of Groupon rose by 9.25 percent pre-market after the announcement. The new deal is expected to go live by the the first half of next year.

The American global e-commerce marketplace has been connecting subscribers with local merchants from 2008. The Chicago-based company expanded its operations in several countries. It is a marketplace that connects consumers with merchants who offer activities, services, travel, goods and more.

Aaron Cooper, who is interim chief executive officer of Groupon, said that their new partnership with Google Pay would greatly expand their ability to help merchants on their marketplace to reach new customers. It would also make it easier for a larger number of consumers to choose from thousands of experiences that were available on the Groupon marketplace.

Cooper also said that they had made a lot of “meaningful progress.” He said that the company had expanded its inventory and had modernized its marketplace. He said that it was easier for merchants and customers to do more with Groupon. He added that they were “excited” that Google Pay users had a “convenient way” to “access” their “marketplace.”

The chief revenue officer of Groupon, Simon Goodall also said that as they were one of the largest pay-for-performance advertising platforms for small businesses they believed that the new partnership would give merchants “greater distribution” and increase the number of customers who could be reached through the partnership.

 



   

Subscribe to get Latest News Updates

Latest News

You may like more
more

Netflix Price Target Raised to $713 by BMO Capital Analyst Brian Pitz

Brian Pitz of BMO Capital Raises Netflix Price Target Brian...

VinFast Auto Stock Plunges 11 percent After Q1 Earnings

VinFast Auto (NASDAQ:VFS) shares dropped more than 11% intra-day...

J.B. Hunt Shares Drop 8 percent Following Q1 Results

Shares of J.B. Hunt Transport Services (NASDAQ:JBHT) dropped more...

Abbott Laboratories Stock Falls 3 percent Following Narrowed Outlook

Abbott Laboratories (NYSE:ABT) surpassed expectations for its first-quarter earnings...