Groupon had ten patents in ecommerce during Q1 2024. Groupon Inc’s patents filed in Q1 2024 focus on various aspects of consumer services and transactions. The patents include methods for generating geographic zone information for consumers, determining item recommendations with dynamic modifications, identifying new businesses through online content analysis, providing prescient and adaptive point-of-sale services, and performing transactions using stored balance card information. These patents showcase Groupon‘s innovative approach to enhancing the consumer experience and improving transaction processes. 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 ecommerce as a theme is 50% 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, identifying a geographic zone associated with it, generating an importance score for the zone and the consumer, and storing this information. The apparatus is configured to perform these functions using processor and memory components. Additionally, the method includes generating importance scores for merchants in the identified zones, calculating overlap scores, and discarding redundant location data within a predetermined range. The importance scores are based on factors like verification status, frequency of consumer presence, and address status. The apparatus can also generate counts of consumer visits to specific zones, create associations between different zones, and calculate cross-zone importance scores based on the individual importance scores.
Overall, the patent focuses on creating detailed consumer geographic profiles by analyzing location data and generating importance scores for specific geographic zones and merchants. The method and apparatus aim to provide a comprehensive understanding of consumer behavior and preferences based on their geographic movements. By utilizing various factors to determine importance scores and implementing algorithms to process and store this information, the technology described in the patent can help businesses like Groupon tailor their offerings and marketing strategies to individual consumers based on their geographic profiles.
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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.
