Groupon had 15 patents in digitalization during Q1 2024. Groupon Inc filed patents in Q1 2024 for systems and methods related to generating geographic zone information for consumers, receiving dynamic modifications to item recommendation algorithms, identifying new businesses through online content analysis, classifying documents using a location hierarchy, and providing prescient and adaptive point-of-sale services via electronic networks. These patents aim to enhance consumer experiences and improve business operations through innovative technology solutions. GlobalData’s report on Groupon gives a 360-degree view of the company including its patenting strategy. Buy the report here.
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Groupon grant share with digitalization as a theme is 53% in Q1 2024. Grant share is based on the ratio of number of grants to total number of patents.
Recent Patents
Application: System and method for generating geographic zone information for consumers (Patent ID: US20240029140A1)
The patent filed by Groupon Inc. describes a computer-implemented method and apparatus for generating geographic zone information associated with a consumer. The method involves receiving a geographic location linked to the consumer, identifying a geographic zone related to that location, and assigning an importance score to that zone based on the consumer's presence. The system also generates importance scores for merchants in the same zone, calculates an overlap score, and stores this information for future reference. Additionally, the apparatus can discard redundant location data, generate confidence scores for consumer profiles, and consider various factors when determining importance scores, such as verification status, frequency of consumer presence, and address status.
Furthermore, the method includes generating counts of consumer visits to specific geographic zones, creating associations between different zones, and calculating cross-zone importance scores based on the importance scores of individual zones. The computer program product associated with this patent functions similarly to the apparatus, allowing for the programmatically generation of consumer geographic profiles, importance scores, overlap scores, and confidence scores. It also includes features for discarding redundant location data, generating counts of consumer visits, and creating associations between different geographic zones. The program product is designed to efficiently process and store geographic information to enhance consumer targeting and personalized marketing efforts.
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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
