Beijing, June 10, according to foreign media reports, the United States electronic Coupons.com coupon site today that it has received US $ 200 million financing from the hands of institutional investors.
Coupons.com said, it will take about half the funding for expansion of the company, including strategic acquisitions and promotional marketing. Shidiwenbaoer, Chief Executive of the company (Steven Boal) said that the remaining funds will be used to repurchase stock from existing investors and employees reach.
Powell refused to disclose the identity of the investor or the company's financial situation. According to people familiar with the matter said, the latest round of financing company valuation awarded US $ 1 billion, expected revenue of us $ 100 million this year.
Powell said, the company's revenue from consumers printed coupons, quantity, rather than actual recovery coupon number.
according to research firm comScore analysts andelulipuman (Andrew Lipsman), prior to the last year, Coupons.com is the market leader in online coupons. ComScore statistics, coupon April more than 38 million people access the Web site. Groupon independent visits to 10.8 million, LivingSocial and independent visits to 8.8 million people, Coupons.com independent number of 6.5 million people.
Coupons.com existing staff of more than 300 people, may be subject to further increase this year about 100 people. It now has an Office in Silicon Valley and London plans set up new offices in Chicago, Los Angeles and New York.
