Groupon Purchases Channel Management Provider CommerceInterface
Jan 02, 2013 (Close-Up Media via COMTEX) --
Groupon announced it has acquired CommerceInterface, a provider of web-based channel management technology that helps manufacturers, distributors and retailers succeed at managing their businesses and selling online.
According to a release, Groupon has used CommerceInterface technology since April 2012 to streamline operations of the growing Groupon Goods platform and automate interactions with thousands of existing vendors. The acquisition enables Groupon to leverage infrastructure provided by CommerceInterface to support and optimize the Groupon Goods business around the world in 2013.
"CommerceInterface has proven to be an important piece of Groupon Goods infrastructure in the U.S., quickly and reliably streamlining the execution of orders and other vendor interactions," said Faisal Masud, head of Groupon Goods. "We look forward to enhancing our abilities to better support merchants overseas beginning early next year."
CommerceInterface will no longer service other retail channels and current customers will have the option to transition to other vendors over the next six months with migration support from the company.
Groupon provides merchants with a suite of products and services, including customizable deal campaigns, credit card payments processing capabilities and point-of-sale solutions. By leveraging the company's global relationships and scale, Groupon offers consumers incredible deals on the best stuff to eat, see, do, and buy in 48 countries.
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