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.
About NASDAQ OMX
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with more than 3,500 listed companies. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North, and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and exchange-traded funds. NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit http://www.nasdaqomx.com. *Please follow NASDAQ OMX on Facebook (http://www.facebook.com/nasdaqomx) and Twitter (http://www.twitter.com/nasdaqomx).
The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Neither The NASDAQ OMX Group, Inc. nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding NASDAQ-listed companies are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
CONTACT: Jennifer Knapp +1 212 401 8916 Jennifer.Knapp@nasdaqomx.com
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