to pivot in order to focus entirely on group buying. Born from The Point, Groupon was launched in November 2008.

The name for the e-commerce platform, Groupon is a portmanteau of "group" and "coupon". Groupon's first deal was a two-pizzas-for-the-price-of-one offer at Motel Bar, a restaurant on the first floor of its building in Chicago.

The decision to focus on group buying proved wise. In just a year and a half, Groupon grew from a staff of a few

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