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Groupon, Square Announce Partnership For Platform Integration

12:11PM ET 11/05/2021 MT Newswires
Groupon (GRPN) and Square (SQ) announced Friday a partnership that will enable merchants to create Groupon marketing campaigns using Square's App Marketplace.

According to the companies, the integration will also allow merchants of Square's "Beauty and Wellness and Things to Do" to use the booking features of Square Appointments for their Groupon campaigns to help drive bookings.

The companies also said they are looking into ways to launch the partnership in other countries and expand the covered feature set to more types of businesses in the future.

Groupon was up more than 6% while Square was declining by over 2% in recent trading.

Price: 24.37, Change: +1.46, Percent Change: +6.37