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Technology Stocks : Groupon, Inc.
GRPN 20.47+7.5%Nov 5 3:59 PM EST

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From: Sr K9/9/2013 8:09:56 AM
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finance.yahoo.com

Groupon Acquires Last-Minute Travel App Blink
Move expands Groupon Getaways’ capabilities, footprint

Press Release: Groupon – 6 hours ago

CHICAGO--(BUSINESS WIRE)--

Groupon today announced the acquisition of last-minute travel app Blink, a leading European destination for great deals on highly curated, same-day hotel bookings, bolstering its rapidly growing Groupon Getaways travel business. The Madrid-based Blink works with more than 2,000 hotel partners in eight European countries. Terms of the deal were not disclosed.

“We are very excited to welcome the Blink team to the Groupon family,” said Aaron Cooper, senior vice president of Groupon Getaways. “The combination of a fantastic mobile app, same-day inventory management for properties and a team that is obsessed with mobile and last-minute travel will help us further expand our travel business as the go-to destination for great deals on great places to stay.”

The addition of same-day bookings gives Groupon Getaways another way to serve customers’ travel needs, whether it’s deals on hotels across the globe, all-inclusive travel packages or full-service tours in popular destinations. Blink’s easy-to-use mobile app caters to on-the-go travelers looking for unique hotels in travel hotspots across Europe and complements Groupon’s existing European travel offerings.
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