21 Jun '12, 6am

World’s first Groupon retail shop to launch in Singapore

World’s first Groupon retail shop to launch in Singapore June 21, 2012 by Terence LEE Groupon has today announced the launch of the world’s first and only Groupon Shop, which will happen on 4th July. The shop will be located in Suntec City mall in Singapore, said the daily deals company in an email. Karl Chong , CEO of Groupon Singapore, and Adrian Tan , the company’s COO, will be making an appearance at the launch event. Groupon Singapore started life as Beeconomic in 2010, and was soon acquired by the daily deals leader in the same year. Like all other Groupon clones that were bought over, it soon went through a rebranding exercise. It’ll be interesting to see how Groupon’s decision to start a physical presence will gel with its business model. It comes at the tail end of a long string of major Internet or technology company that have jumped into retail. Apple introduced...

Full article: http://sgentrepreneurs.com/news-stop/2012/06/21/worlds-fi...

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