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Wednesday, 10 October 2012 - Groupon eyes restaurants with nationwide POS offering |
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Breadcrumb is a sales, order management and reporting system for restaurants, bars and cafes that runs on Apple Inc's iPad. It was designed a start-up founded by Seth Harris. Groupon acquired the business in May. Since that deal, Breadcrumb has been offered as a test to about 100 restaurants, bars and cafes in New York. On Wednesday, the company launched the service nationwide. Groupon is a pioneer in daily deals, which are heavily discounted online offers for local services. Rampant growth has slowed in recent quarters. However, Groupon is expanding in other areas, hoping to become an operating system for local commerce, as Chief Executive Andrew Mason says. Groupon launched a product sales business last year called Groupon Goods and recently unveiled a payments service for local merchants. Last month, the company bought restaurant reservation startup Savored, sparking speculation the company may step up competition with OpenTable Inc, a leader in the sector. "Restaurants, bars and cafes are such an important vertical for Groupon," Breadcrumb's Harris said. "In the next couple of quarters, we will roll out our service nationwide and get as many restaurants running on Breadcrumb as possible." Groupon is not planning to integrate Savored with the Breadcrumb system soon. However, Harris said it was "an amazing opportunity to integrate our products down the road." Breadcrumb charges $99 a month for restaurants to run its service on one iPad. That increases to $199 for two iPad terminals, $299 for five and $399 per month for up to 10 terminals. Breadcrumb sells iPads at cost to ease set up, but restaurants can buy or use their own iPads too, Harris said. Groupon is planning to offer its new payments service through the Breadcrumb system. However, restaurants are free to use their existing payments services, Harris added. (Reporting By Alistair Barr; Editing by Richard Chang) Tech Deals Global Deals Review: 2011 Q3 Global Deals Review: 2011 Q2 Global Deals Review Small Business Inflows Outflows Lifestyle Media iPad Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.   Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter   Facebook   LinkedIn   RSS   Podcast   Newsletters   Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us   Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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