Is Groupon profitable 2019?

This statistic shows Groupon’s global annual revenue from 2008 to 2020. As of 2020, the daily deal website’s annual revenue amounted to 1.4 billion U.S. dollars….Global revenue of Groupon from 2008 to 2020 (in million U.S. dollars)

Characteristic	Revenue in million U.S. dollars
2020	1,416.87
2019	2,218.92
2018	2,636.75

What is Groupon revenue?

1.417 billion USD (2020)
Groupon/Revenue

Is Groupon publicly traded?

Initial public offering On June 2, 2011, Groupon filed to go public under the ticker symbol GRPN. The company went public on November 4, 2011. It was the biggest IPO by an Internet company since Google in 2004.

Where is Groupon headquarters located?

Chicago, Illinois, United States
Groupon/Headquarters

Who is CEO of Groupon?

Aaron Cooper (Mar 25, 2020–)
Groupon/CEO

How do Groupon merchants get paid?

Groupon keeps itself in cash by collecting money immediately when it sells its daily coupons to consumers while extending payments to the merchants over 60 days.

Who is Groupons competitor?

LivingSocial
LivingSocial is Groupon’s main competitor, and they serve in 26 cities across the U.S. and have received about $44M in funding. LivingSocial’s model is somewhat different from Groupon’s, as there is no minimum number of people needed to make the deal valid.

Who is the CEO of Groupon?

Groupon/CEO

Aaron Cooper is the Interim CEO at Groupon, an online marketplace with around 4,000 employees globally. Prior to that he had worked in several other roles at Groupon including president of North America, Chief Marketing Officer, head of Global Travel, Head of North America Services and Head of North America Goods.

Is Groupon in financial trouble?

Groupon, Inc. operates a marketplace that connects consumers to merchants. The US$1.1b market-cap company’s loss lessened since it announced a US$288m loss in the full financial year, compared to the latest trailing-twelve-month loss of US$60m, as it approaches breakeven.

Why Is Groupon bad?

Groupon Deteriorates The Value Of Your Business Once a customer receives a large discount, it trains them to wait for later coupons and deteriorates the value of your products and services.

Is Groupon profitable 2019? This statistic shows Groupon’s global annual revenue from 2008 to 2020. As of 2020, the daily deal website’s annual revenue amounted to 1.4 billion U.S. dollars….Global revenue of Groupon from 2008 to 2020 (in million U.S. dollars) Characteristic Revenue in million U.S. dollars 2020 1,416.87 2019 2,218.92 2018 2,636.75 What is…