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Chicago Innovation Award Winner

Groupon

Winner in: 2009
Winning Product: Collective Buying Power
Winner Category: Chicago Innovation Award
Industry: Consumer Services

Groupon features a daily deal on the best stuff to do, see, eat, and buy in cities across the United States. Using the unique concept of collective buying, Groupon is able to promise businesses a minimum number of customers and, in turn, can offer deals that aren’t available elsewhere.

Groupon brings buyers and sellers together in a fun and collaborative way that offers the consumer an unbeatable deal, and businesses a large number of new customers.

Groupon is currently in more than 500 markets and 44 countries, while in Chicago alone 1.5 million people subscribe to its daily deals.

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