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HomeBusinessThe Groupon Partnership with Redeam Bringing More of the World’s Top...

The Groupon Partnership with Redeam Bringing More of the World’s Top Experiences to the Groupon Marketplace

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A Groupon study of 2,000 people found that 67% of Americans are more hopeful now than when the COVID-19 pandemic first began and 75% plan to support local businesses as much as possible once restrictions on non-essential businesses are lifted in their communities. “Source — Groupon.

Redeam is a global technology company  that helps tour company’s and attractions grow their business. They work with ticketing & reservation systems and resellers. The partnership is a perfect fit because Groupon has announced that they want to concentrate their business model towards experiences such as concerts, travel, and family attractions.

Redeams   President and CEO Melanie Meador spent 20 plus years in hospitality and online travel business. Melanie is one of  the co-founders and Chief Operating Officer of the Meadors Masters Foundation, a 501c3 nonprofit organization focused on providing humanitarian support globally to those in need.

We believe this is a great opportunity for Groupon to further enhance  their  business model to    provide more revenue and profits for shareholders.

Groupon, Inc. (GRPN)has always been the leader in daily deals. Consumers love to go on the hunt for bargains. More than ever due to the   Coronavirus pandemic consumers are on the hunt for the best possible deals- and they get them at Groupon.

Groupon, Inc. operates and online local commerce marketplace that connect merchants to consumers by offering goods and services at a discount in North America and internationally.

  • Two of the largest investment firms Morgan Stanley advise to Equal-Weight the stock, and UBS rates Groupon, Inc. (GRPN)a buy.
  • Gross Profit Margin (TTM) is an A-
  • Forecasted annual earnings growth 35.7%
  • Eric Lefkofsky is worth an estimated $2.7 billion. He is also the co-founder and Chairman of Groupon (NASDAQ: GRPN), a global e-commerce marketplace.

Aaron Cooper has served as our Interim Chief Executive Officer since April 2020. During his Groupon tenure, he served as president of North America, chief marketing officer, head of Global Travel, head of North America Goods and head of North America Services. Prior to joining Groupon, Aaron held a variety of marketing and leadership positions at Orbitz and optionsXpress after consulting roles at AEG Partners, AOL, and Price Waterhouse Management Consultants.

As of Q4-2019

  • Q4-2019 Results $310 million dollar profit.
  • More than 1.5 Billion Groupons sold
  • Customers have saved 35 Billion on goods and services.
  • Added 20 billion dollars of revenue to merchants.

Independent Director Theodore Leonsis bought US$950k worth of shares at a price of US$0.95 per share within the last 12 months. When insiders buy, that shows optimism about the company. Nasdaq.com recently wrote an article about the best stocks to look at that have had meaningful insider buys. Groupon was on the list among GameStop (GME)   Carnival (CCL), Dardin(DDI), and Cardlytics (CDLX).

Groupon is a beloved brand with an 80 percent awareness rate among consumers.

Top 5  Institutional Holders

Holder   Shares   Date Reported   % Out       Value

First Trust Advisors LP       64,017,240                     Mar 30, 2020           11.27%   62,749,698

Vanguard Group, Inc. (The)                   44,580,243                     Mar 30, 2020           7.85%       43,697,554

Alibaba Group Holding Ltd                       32,972,000                     Mar 30, 2020           5.81%       32,319,154

MIG Capital, LLC                               32,550,307                     Mar 30, 2020           5.73%       31,905,810

Blackrock Inc.         31,846,564                     Mar 30, 2020           5.61%       31,216,002

Top 5 Mutual Fund Holders

Holder   Shares   Date Reported   % Out       Value

First Trust Dow Jones Internet Index (SM) Fund   22,322,240                     Dec 30, 2019             3.93%       53,350,153

Vanguard Total Stock Market Index Fund                           13,775,955                     Dec 30, 2019             2.43%       32,924,532

Vanguard Small-Cap Index Fund 12,373,152                     Dec 30, 2019             2.18%       29,571,833

iShares Russell 2000 ETF                               9,554,245                         Jan 30, 2020               1.68%       27,516,225

College Retirement Equities Fund-Growth Account                     8,085,920                         Dec 30, 2019             1.42%       19,325,348

Vanguard Small Cap Value Index Fund       7,399,316                         Dec 30, 2019             1.30%       17,684,365

We believe that a good partner for Daily Deals and Shopping with Groupon ( NASDAQ:GRPN  ) will be Google ( NASDAQ:GOOGL )   Groupon is a company with a proven record beyond online shopping but customer experience with local retailers and a huge pile of cash.

 

CWEB.com is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, CWEB.com relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.

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