October 27, 2011, 4:46 PM

Groupon goes upscale

The daily deal operator launches Groupon Reserve, which offers high-end deals.

Lead Photo

A screenshot of Groupon Reserve.

With recent reports suggesting that daily deals appeal to the affluent, Groupon Inc. is apparently taking notice.

The daily deal operator today launched Groupon Reserve, an invitation-only service featuring offers for high-end food and restaurant deals. For instance, the first offer is a $70 three-course tasting menu for two at Bice in New York City, about half the cost of a typical meal at the fine dining Italian eatery, according to the restaurant.  However, the deal is valid only at certain hours.

Unlike Groupon’s other offerings, which feature irreverent commentary, Groupon Reserve provides a straightforward history of the restaurant and the offer.

 

 

The launch comes only a few weeks after LivingSocial launched a similar site, LivingSocial Gourmet, which features deals that typically range from $100 to $200 per person. Other deal operators operating in the high-end space include Gilt Groupe’s Gilt City. Gilt is No. 49 in the Internet Retailer Top 500 Guide.

 

comments powered by Disqus

Advertisement

Advertisement

Advertisement

From IR Blogs

FPO

Anna Kuzmina / E-Commerce

An introduction to online payments in Russia

Russian shoppers use a variety of domestic e-wallets quite often when shopping online, a result ...

FPO

Rebecca Kanthor / E-Commerce

An American view of China's online shopping boom

The astronomical growth of Alibaba's Taobao online shopping mall is hard to fathom from a ...

Advertisement