Daily Deals powerhouse Groupon has just announced another expansion, as they are launching their service in Thailand. According to the company, the new office will be located in the heart of Bangkok.
Thailand will be the 47th country outside the United States where Groupon has launched their service.
“We are very excited to expand the benefits of Groupon to customers and merchants in Thailand,” said Damian Kemner, CEO of Groupon Thailand. “Groupon allows Thai consumers to experience a wide range of amazing offers and experiences they won’t find anywhere else. With our selected merchants, we create exclusive campaigns that allow them unparalleled access to our customer base while gaining market exposure to drive new business.”
My Thai is a little rusty, but with the help of Google Translate I determined that the above Facebook post tells Groupon fans to get ready, it's on the way soon.
Groupon Thailand is now up and running and their page says that Groupon will help people fall in love with Bangkok again:
Bangkok is an amazing city, and Thailand is an amazing country. The world isn’t bad, either! Groupon is the best way to fall in love again with Bangkok, Thailand, and explore the world. We'll help you discover the best things to do, see, eat and buy…just sign up for our newsletter and we’ll make sure of it!
Earlier this month, Groupon released their Q4 earnings - their first reported since going public. They posted a 194% increase in revenue year over year, but a net loss of $37 million in Q4. One possible reason for this was thought to concern their expansion into foreign markets.
Last week, we learned that Groupon was launching a VIP service that will allow members to have extended access to their daily deals.