Promocourton, Texas (AP) The promocounter that makes online shopping easy and convenient has announced a $1.2 billion investment.
The PromocOUPON brand of shopping apps and online store offers coupons for products from Kohls and Target.
Promocouponi, a subsidiary of U.S. online retailer Kohls Inc., said it plans to use the cash to expand into the United Kingdom, Canada and other markets.
The company is in the process of raising $1 billion in Series B funding, according to a statement on its website.
Kohls has been an online retailer for more than 20 years, with more than 2,300 stores and online shopping platforms in more than 120 countries.