NEW YORK, Nov. 4, 2011 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced today that the trading of Groupon, Inc., (Nasdaq:GRPN), a local e-commerce marketplace that connects merchants to consumers by offering goods and services at a discount, commenced on the NASDAQ Global Select Market on November 4, 2011.
"Groupon has coupled creativity with technology to bring merchants and consumers together, helping reshape local commerce in communities around the world," said Bruce Aust, Executive Vice President, NASDAQ OMX Corporate Client Group. "NASDAQ is proud to welcome Groupon to the NASDAQ Global Select Market and looks forward to their success as a member of the exchange."
Since its inception, NASDAQ OMX has consistently been the exchange of choice for innovative companies like Groupon. Groupon joins some of the world's largest technology companies on The NASDAQ Stock Market, including Apple, Microsoft, Oracle, Google, Intel, Cisco, eBay, Baidu, Adobe, Dell and Yandex. In the second half of 2011, NASDAQ has welcomed 70 percent of the initial public offerings on U.S. markets, including all six technology IPOs to debut since June. Groupon [GRPN] joins Zillow Inc. [Z], Tangoe Inc. [TNGO], Carbonite Inc. [CARB], Tudou Holdings Ltd. [TUDO] and Ubiquiti Networks [UBNT] becoming the sixth technology company to list on NASDAQ in the second half of this year.
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