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Coupons.com

From Wikipedia, the free encyclopedia

Coupons.com is an American discount product website based in Atlanta, Georgia that offers coupon codes and deals.[1] Founded in 1998, Coupons.com is today owned and operated by Global Savings Group, who acquired the company from Quotient Technology in 2022.[2][3][4]

History

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Coupons.com was founded in 1998 by Steven Boal. It was originally focused on printable coupons, but over the years adapted its offering to digital coupons, cashback, and the ability to load offers to loyalty cards.[5] The platform continues to offer printable coupons alongside digital coupons,[6] along with product reviews and deals through its Smart Shopper section. It has a team of over 40 experts that review coupons and shopping vouchers that are published and approved on the website.[7]

In June 2011, Coupons.com's value was estimated at $1 billion.[8] In 2014, Coupons.com had a $100 million IPO and started trading on NYSE under the symbol COUP.[9][10] As of 2013, Coupons.com had an average of 10 million unique visitors per month to their website.[11]

In 2012, Coupons.com launched its first mobile application but with limited functionalities. Coupons.com is frequently listed as one of the top platforms to get shopping vouchers.[12][13] In 2015, Coupons.com changed its corporate name to was acquired by Quotient Technology.[14][15]

Acquisitions

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In 2022, Global Savings Group acquired both the brand and domain of Coupons.com from Quotient Technology. An agreement was reached by GSG to takeover operations by December 2023.[3]

References

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  1. ^ "Neptune Retail to buy Coupons.com-parent for $430 million". Reuters.
  2. ^ GSG (2022-10-26). "Global Savings Group to acquire brand and domain Coupons.com". Global Savings Group News. Retrieved 2024-06-06.
  3. ^ a b couponsinthenews (2022-10-26). "Big Changes For Coupons And Cash Back, As Coupons.com Is Sold And Shopmium Debuts". Coupons in the News. Retrieved 2024-06-06.
  4. ^ Walker, Rob (2008-07-27). "Silicon Clips". The New York Times. ISSN 0362-4331. Retrieved 2024-06-07.
  5. ^ "You Can Get A Free Carton Of Eggs From Places Like Costco And Trader Joe's Just In Time For Easter". Delish. 2020-04-07. Retrieved 2024-06-07.
  6. ^ Johnsen, Michael. "Coupons.com launches omnichannel digital coupon platform". Drug Store News. Retrieved 2024-06-06.
  7. ^ "'Tis the season to get a grip on your spending". www.bbc.com. Retrieved 2024-06-07.
  8. ^ "Coupons.com Raises $200 Million At A Whopping $1 Billion Valuation".
  9. ^ Roof, Katie (2016-01-08). "Coupons.com Soars 88% in Public Debut". FOXBusiness. Retrieved 2024-06-06.
  10. ^ "What You Can Learn from Coupons.com's Long Road to Going Public". Inc.com.
  11. ^ "Coupons.com raises $200 million in private round". Reuters. June 9, 2011.
  12. ^ "15 Most Useful and Best Coupon Sites of 2023". GOBankingRates. 2023-05-16. Retrieved 2024-06-07.
  13. ^ "The 6 Best Coupon Websites of 2024". Lifewire. Retrieved 2024-06-06.
  14. ^ Steele, Anne. "Coupons.com to Change Corporate Name to Quotient". WSJ. Retrieved 2024-06-06.
  15. ^ "Exclusive: Coupons.com owner Quotient Technology explores a sale -sources". Reuters.