Quotient Technology

Coupons.com is a website founded in 1998, operated by Quotient Technology, Inc.[2] headquartered in Mountain View, CA. Founded by Steven Boal, CEO, & Executive Chairman of the Board of Quotient, Quotient Technology, Inc. was formerly known as Coupons.com Incorporated. Quotient Technology offers digital coupons, including online printable, social, mobile and loyalty card promotions. Sunday newspapers have traditionally been the dominant distribution method for coupons; in 2009 it was estimated by Coupons.com that approximately half of the redeemed coupons in the United States originated from weekly supplements in Sunday papers.[3] In June 2011, after receiving approximately $200 million of new investment, Coupon.com's value was estimated at a billion dollars.[4] In October 2011, Greylock Partners announced an investment of up to $30 million in a secondary market purchase of company shares.[5] In June 2012, Bay Area News Group named Coupons.com to its list of Top Workplaces 2012.[6]

Quotient Technology, Inc.
TypePublic
NYSE: QUOT
Russell 2000 Component
IndustryCoupons
FoundedMay 1998 (1998-05)
HeadquartersMountain View, California, U.S.
Key people
Steven Boal
(Founder & Chairman)
Ronald Fior
(CFO)
Revenue US$ 436.2 million (2019)
US$ -27.6 million (2019)
US$ -37.1 million (2019)
Total assets US$ 602.27 million (2019)
Total equity US$ 398.04 million (2017)
Number of employees
1000+ (2020)
Websitewww.coupons.com
Footnotes / references
[1]

Products

Quotient Technology's clients include consumer packaged goods brands, restaurant, toy and entertainment companies, as well as general retailers,[7] and also has an affiliate marketing program called Brandcaster which is aimed at long tail users. In November 2010, Yahoo announced that it was including coupons.com offers in its local deals.[8] In June 2013 Coupons.com released the KitchMe app for Google Glass, the first cooking application for Google Glass.[9] With the KitchMe app users can search for recipes, make shopping lists, and receive step-by-step cooking instructions.[10]

Valuation

Coupons.com is being tracked as one of the 30 companies in China, Europe, and the United States valued at $1 billion or more by venture-capital firms.[11] Coupons.com went public with $100 million IPO in January 2014 with NYSE trading under COUP.[12] In 2015, Coupons.com changed its corporate name to Quotient Technology Inc (NYSE: QUOT), but continues to operate its website as Coupons.com.[13]

Acquisitions

Quotient Technology has acquired 10 organizations, the most recent being the acquisition of Ubimo on Nov 7, 2019.

  1. Ubimo
  2. Elevaate
  3. Ahalogy
  4. Crisp Mobile
  5. Shopmium
  6. Eckim
  7. Yub
  8. KitchMe
  9. Couponstar
  10. Grocery iQ

References
  1. "US SEC: Form 10-K Quotient Technology, Inc". U.S. Securities and Exchange Commission. Retrieved February 17, 2018.
  2. "Quotient Technology Inc". Quotient Technology Inc.
  3. Stross, Randall (December 25, 2010). "Someday, Store Coupons May Tap You on the Shoulder". The New York Times. Retrieved December 5, 2011.
  4. Skidmore, Sarah (June 9, 2011). "Coupons.com Gets $200M Investment". ABC News. Retrieved December 5, 2011.
  5. "Attention Shoppers: Coupons.com Grabs $30M in Funding From Greylock". AllThingsD. 2011-10-03. Retrieved 2012-02-19.
  6. "Bay Area News Group Top Workplaces 2012 List". Bay Area News Group. June 2012. Retrieved 4 December 2014.
  7. "Coupons.com signs Walgreens, Kmart, others". April 22, 2009. Retrieved 4 December 2014.
  8. Efrati, Amir (November 16, 2010). "Yahoo Tries Hand at Local Deals". The Wall Street Journal. Retrieved 4 December 2014.
  9. Dickey, Megan Rose (June 28, 2013). "A Coupons Company May Have Just Created The First Cooking App For Google Glass". Business Insider. Retrieved 4 December 2014.
  10. Summers, Nick (June 27, 2013). "Coupons.com launches KitchMe Google Glass app for hands-free cooking". The Next Web. Retrieved 4 December 2014.
  11. Garcia Phillips, Andrew (2014-01-27). "The Billion-Dollar Startup Club". The Wall Street Journal. Dow Jones & Company, Inc. Retrieved 2014-01-27.
  12. https://techcrunch.com/2014/01/31/a-coup-for-coupons-com-as-site-files-for-100m-ipo-on-the-nyse-trading-as-coup/
  13. https://www.wsj.com/articles/coupons-com-to-change-corporate-name-to-quotient-1444166616
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