Market Overview

Groupon Names Kal Raman Chief Operating Officer

CHICAGO--(BUSINESS WIRE)--

Groupon (http://www.groupon.com), the global leader in local commerce, today announced the appointment of Kal Raman as Chief Operating Officer. In his role as COO, Raman will continue to report to CEO Andrew Mason and oversee the company's global sales and operations.

Kal Raman, Chief Operating Officer, Groupon (Photo: Business Wire)

Kal Raman, Chief Operating Officer, Groupon (Photo: Business Wire)

“In a very short time, Kal has had a significant impact on increasing the number and quality of local businesses using the Groupon platform to the benefit of Groupon customers around the world," said Andrew Mason, CEO, Groupon. “We are already seeing progress in Europe and Kal will be instrumental in leading our company as we deploy tools and technologies that will help us continue to grow both Groupon and the categories in which we operate.”

Raman joined the company in April 2012. He was previously Senior Vice President, Global Sales and Operations.

Raman is a 20-year veteran in technology and retail businesses. Most recently, Raman worked as Vice President of Global Fulfillment at eBay. Before that, he served as CEO of GlobalScholar, a leader in enterprise software to K-12 public schools. Prior to GlobalScholar, he was Senior Vice President at Amazon, responsible for driving its global non-media business for retailers and sellers. In addition, he led Amazon's retail technology and marketing units. Before joining Amazon, Raman was CEO of drugstore.com where he joined as CIO. He also held numerous management roles at Wal-Mart.

He is a graduate of the College of Engineering, Guindy, Chennai, and remains dedicated to improving the quality of education for underprivileged children in his native India.

About Groupon

Groupon (NASDAQ: GRPN) is a global leader in local commerce, making it easy for people around the world to search and discover great businesses at unbeatable prices. Groupon is reinventing the traditional small business world by providing merchants with a suite of products and services, including customizable deal campaigns, credit card payments processing capabilities and point-of-sale solutions to help them attract more customers and run their operations more effectively. By leveraging the company's global relationships and scale, Groupon offers consumers incredible deals on the best stuff to eat, see, do, and buy in 48 countries. With Groupon, shoppers discover the best a city has to offer with Groupon Local, enjoy vacations with Groupon Getaways, and find a curated selection of electronics, fashion, home furnishings and more with Groupon Goods. To subscribe to Groupon emails, visit www.Groupon.com. To learn more about the company's merchant solutions and how to work with Groupon, visit www.GrouponWorks.com.

Groupon
Julie Mossler, 312-242-2033

 

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