Groupon Completes Acquisition of Korean Ticket Monster

Groupon has announced it has completed the acquisition of Ticket Monster, a leading Korean ecommerce company, for $260 million in cash and stock. As previously disclosed, the Ticket Monster brand and leadership team will remain in place and continue to be led by Daniel Shin, CEO of Ticket Monster. The company will maintain its headquarters

Groupon Announces Acquisition of Korea’s Ticket Monster

Groupon announced it has reached an agreement to acquire Ticket Monster, a leading Korean ecommerce company owned by LivingSocial, Inc., for $260 million in cash and stock. The deal is expected to close in the first half of 2014. “Ticket Monster is a perfect fit for Groupon as we continue to transition our business globally