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Groupon, Inc. is an American global e-commerce marketplace connecting subscribers with local merchants by offering activities, travel, goods and services in 13 [ 2 ] countries. Based in Chicago, Groupon was launched there in November 2008, launching soon after in Boston, New York City and Toronto.
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ID.me was founded in early 2010 by Blake Hall and Matt Thompson as TroopSwap, a daily deal website similar to Groupon and LivingSocial with a focus on the American military community. [ 3 ] [ 1 ] The company evolved into Troop ID, which provided digital identity verification for military personnel and veterans . [ 1 ]
With Groupon taking 50 percent of every deal, plus a small credit-card handling fee, [9] in late 2010 it was reported by Mashable that Groupon's annual revenue was $800 million. [10] On December 1, 2010, The New York Times reported that Groupon was the subject of a $6 billion acquisition bid from Google , which Groupon turned down.
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