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Groupon IPO: the interesting bits

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Groupon’s preliminary IPO documents reveal some interesting facts about Groupon. Here are the best bits:

  1. Groupon increased revenues from $3.3m in Q2 2009 to $644.7m in Q1 2011. That’s a 19,436 per cent increase in two years. Wow!
  2. Last year, Groupon made a net loss of $413m – it still has a way to go before becoming profitable.
  3. Groupon has a global sales team of 1,500 people.
  4. While it only had 212 merchants when it first started, Groupon now has over 56,000 merchants on its books today.
  5. Groupon sold 116,231 Groupon coupons in Q2 2009, compared to 28.1 million Groupon coupons in Q1 2011.
  6. Since May 2010, Groupon has made 13 acquisitions and has signed partnership agreements with eBay, Microsoft, Yahoo and Zynga among others.
  7. Groupon increased its subscriber base from 152,203 as of June 2009 to 83.1 million in March 2011. That’s a 54,498 per cent increase. Super wow!
  8. In Q1 2011, Groupon spent over $208m on marketing. That’s compared to $4m in the Q1 2010.
  9. Facebook, Google and Microsoft are all “direct competitors”, according to Groupon.

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