Groupon is an American worldwide marketplace for e-commerce that connects subscribers with the local merchants by offering discounts on activities, travel, food, and goods & services in over 15 countries. Groupon was launched in November 2008 and is based in Chicago, Illinois.
Groupon was first launched in Chicago, followed by Boston, New York City and Toronto. By October 2010, Groupon became available in 150 cities in North America and 100 cities in Europe, Asia and South America. By this time, Groupon had managed to get 35 million registered users who were availing discounts with local businesses. By the end of March 2015, Groupon became available in more than 500 cities globally with an active user base of nearly 48.1 million users.
Groupon has more than 6,000 employees in their offices that are located worldwide. They achieved a great milestone in 2016 when they sold their Billionth Groupon. It was once rated the Number 1 retail app on both iOS and Android platforms, crossing over 171 million total downloads. In 2016, it was deemed one of the top 25 most used apps.
With Groupon, you can buy and redeem deals directly leaving any need to print vouchers. They support all kinds of businesses including food, fun, fashion and wellness. They even offer cash back services for partnering restaurants.
In April 2010, by most popular websites, the company was valued at $1.35 billion. In the second quarter of 2018, they hit a Global Gross Profit of $324 Million. They had a total Gross Billing of $1.3 Billion and more than 70% of their transactions were done on mobile.
Products and Services:-
Groupon! offers the following to customers-
- Home Products
- Electronic Accessories
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