Quotient Technology
{{short description|Internet coupon and loyalty business}}
{{Notability|1=Companies|date=May 2024}}
{{Infobox company
| name = Quotient Technology, Inc.
| logo = File:Quotient Logo-ROK.svg
| type = Public
| traded_as = {{NYSE was|QUOT}}
| industry = Advertising Technology
| foundation = {{start date and age|1998|05}}
| founder = Steven Boal
| location = Salt Lake City, Utah, U.S.
| key_people = {{nowrap|Matt Krepsik}}
(CEO)
| revenue = {{nowrap|{{decrease}} US$ 288.8 million {{small|(2022)}}}}
| operating_income = {{nowrap|{{decrease}} US$ -71.38 million {{small|(2022)}}}}
| net_income = {{nowrap|{{decrease}} US$ -76.5 million {{small|(2022)}}}}
| assets = {{nowrap|{{decrease}} US$ 363.16 million {{small|(2022)}}}}
| equity = {{nowrap|{{decrease}} US$ 177.8 million {{small|(2022)}}}}
| owner = {{ubl|Neptune Retail Solutions {{smaller|(2023–present)}}}}
| num_employees = {{nowrap|1000+ {{small|(2023)}}}}
| homepage = {{URL|https://www.quotient.com/}}
| footnotes = {{cite web|url=https://www.sec.gov/Archives/edgar/data/1115128/000111512823000018/quot-20221231.htm|title=US SEC: Form 10-K Quotient Technology, Inc.|publisher=U.S. Securities and Exchange Commission|access-date=April 19, 2023}}
}}
Quotient Technology, Inc. (formerly Coupons.com) is an advertising technology company headquartered in Salt Lake City, Utah. It specializes in digital promotions, retail media, digital out-of-home (DOOH) advertising, social influencer marketing, display advertising and data and analytics. On September 5, 2023, Quotient was acquired by Neptune Retail Solutions.{{Cite press release|url=https://www.prnewswire.com/news-releases/neptune-retail-solutions-completes-acquisition-of-quotient-technology-inc-301917787.html|title=Neptune Retail Solutions Completes Acquisition Of Quotient Technology Inc.|work=PR Newswire|access-date=2023-09-11|language=en-US}}
History
Quotient Technology, formerly Coupons.com, Inc., was founded in 1998 by Steven Boal, former CEO. Coupons.com originally was a website for finding and printing coupons. The website eventually expanded to the Coupons.com app, which enabled consumers to redeem cashback offers and load offers to loyalty cards, as well as find printable coupons. In June 2011, Coupons.com’s value was estimated at $1 billion.{{Cite web |last=Empson |first=Rip |date=2011-06-09 |title=Coupons.com Raises $200 Million At A Whopping $1 Billion Valuation |url=https://techcrunch.com/2011/06/08/coupons-com-raises-200-million-at-a-whopping-1-billion-valuation/ |access-date=2023-04-20 |website=TechCrunch |language=en-US}} In October 2011, Greylock Partners announced an investment of up to $30 million in a secondary market purchase of company shares.{{Cite web |title=Attention Shoppers: Coupons.com Grabs $30M in Funding From Greylock |url=https://allthingsd.com/20111003/attention-shoppers-coupons-com-grabs-30m-in-funding-from-greylock/ |access-date=2023-04-20 |website=AllThingsD |language=en-US}} In 2014, Coupons.com went public with a $100 million IPO with NYSE trading under COUP.{{Cite web |last=Lunden |first=Ingrid |date=2014-01-31 |title=Coupons.com Files For $100M IPO On The NYSE, Trading As Coup |url=https://techcrunch.com/2014/01/31/a-coup-for-coupons-com-as-site-files-for-100m-ipo-on-the-nyse-trading-as-coup/ |access-date=2023-04-20 |website=TechCrunch |language=en-US}} In 2015, Coupons.com changed its corporate name to Quotient Technology, Inc. (NYSE: QUOT).{{Cite web |last=Steele |first=Anne |title=Coupons.com to Change Corporate Name to Quotient |url=http://www.wsj.com/articles/coupons-com-to-change-corporate-name-to-quotient-1444166616 |access-date=2023-04-20 |website=WSJ |language=en-US}} The Coupons.com domain is now owned by Global Savings Group.
Acquisitions
Quotient Technology has acquired 10 organizations in total: Ubimo, Elevaate, Ahalogy, Crisp Mobile, Shopmium, Eckin, Yub, KitchMe, Couponstar and Grocery iQ.{{Cite web |title=Quotient Acquires Elevaate to Boost Sponsored Search for CPGs |url=https://consumergoods.com/quotient-acquires-elevaate-boost-sponsored-search-cpgs |access-date=2023-04-20 |website=Consumer Goods Technology |date=30 October 2018 |language=en}}{{Cite web |title=Quotient Technology Acquires Ahalogy |url=https://consumergoods.com/quotient-technology-acquires-ahalogy |access-date=2023-04-20 |website=Consumer Goods Technology |date=June 2018 |language=en}}{{Cite web |title=Quotient (Crisp Mobile) Finds Sweet Spot at P2PI |url=https://p2pi.com/quotient-crisp-mobile-finds-sweet-spot-p2pi |access-date=2023-04-20 |website=Path to Purchase Institute |language=en}}{{Cite web |last=couponsinthenews |date=2015-11-03 |title=Coupons.com Goes Shopping, Buys Shopmium |url=https://couponsinthenews.com/2015/11/03/coupons-com-goes-shopping-buys-shopmium/ |access-date=2023-04-20 |website=Coupons in the News |language=en-US}}{{Cite web |title=Quotient Technology Acquires Eckim {{!}} Mergr M&A Deal Summary |url=https://mergr.com/quotient-technology-acquires-eckim |access-date=2023-04-20 |website=mergr.com}}{{Cite web |title=Quotient Technology Acquires Yub {{!}} Mergr M&A Deal Summary |url=https://mergr.com/quotient-technology-acquires-yub |access-date=2023-04-20 |website=mergr.com}} Ubimo was acquired in 2019.{{Cite news |date=2019-07-11 |title=Quotient acquires Israeli ad tech co Ubimo |language=en |work=Globes |url=https://en.globes.co.il/en/article-quotient-acquires-israeli-ad-tech-analytics-co-ubimo-1001306296 |access-date=2023-04-20}}