Groupon, a Chicago-based company that specializes in "daily deal" coupons for groups of consumers, is expanding its presence in Palo Alto, the company announced Wednesday (Dec. 1).
The company already has a staff of about 25 in Palo Alto, with local operations focusing on the mobile and data services. The company's expansion will push the number of employees to more than 100, the company said.
Groupon's expanded Palo Alto team will work with the Chicago team on all product technology, according to the company's statement. The move will give the company "two regions from which to attract top recruits," the statement said.
Groupon's building is located on the 400 block of Sherman Ave., in the California Avenue business district. Thomas Fehrenbach, Palo Alto's economic development manager, lauded the company's decision to enlarge its Palo Alto operation.
"We love to have innovative start-up companies that bring new ideas to town and help keep it vibrant," Fehrenbach said.