Groupon is a deal-of-the-day website that offers discounted gift certificates usable at local or national companies. It is known as an online e-commerce platform that provides its users with the ability to purchase anything. The Company offers consumers a vast marketplace of unbeatable deals all over the world. Users have the ability to discover the finest a city has to offer on the web or on mobile with Groupon Local, enjoy vacations with Groupon Getaways, and find a curated selection of electronics, fashion, home furnishings, and more with Groupon Goods. The Company delivers merchants with a collection of products and services, including customizable deal campaigns, credit card payment processing capabilities, and point-of-sale solutions.
Type
Public
HQ
Chicago, US
Founded
2008
Size (employees)
6,672 (est)-19%
Groupon was founded in 2008 and is headquartered in Chicago, US
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Key People/Management at Groupon

Rich Williams

Rich Williams

CEO
Mike Randolfi

Mike Randolfi

CFO
Colin Bodell

Colin Bodell

CTO
Steve Krenzer

Steve Krenzer

COO
Vinayak Hegde

Vinayak Hegde

CMO
Brian Stevens

Brian Stevens

SVP of Finance, Chief Accounting Officer and Treasurer

Groupon Office Locations

Groupon has offices in Seattle, San Francisco, Palo Alto, Chicago and in 1 other location
Chicago, US (HQ)
600 W. Chicago Avenue
Palo Alto, US
3101 Park Blvd.
San Francisco, US
225 Bush St.
Seattle, US
1201 3rd Avenue
Madrid, ES
Paseo Castellana 79
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Groupon Financials and Metrics

Groupon Financials

Groupon's revenue was reported to be $3.14 b in FY, 2016 which is a 0.8% increase from the previous period.
USD

Revenue (FY, 2016)

3.1 b

Revenue growth (FY, 2015 - FY, 2016), %

0.8%

Gross profit (FY, 2016)

1.4 b

Gross profit margin (FY, 2016), %

43.2%

Net income (FY, 2016)

(183.3 m)

Market capitalization (25-Apr-2018)

2.6 b

Cash (31-Dec-2015)

853.4 m
Groupon's current market capitalization is $2.6 b.
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

1.6 b2.3 b2.6 b3.2 b3.1 b3.1 b

Revenue growth, %

45%10%24%(2%)1%

Cost of goods sold

15.1 m421.2 m840.1 m1.4 b1.5 b1.8 b

Gross profit

1.6 b1.9 b1.7 b1.8 b1.6 b1.4 b
usdY, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015

Cash

118.8 m1.2 b1.2 b1.2 b1 b853.4 m
USDY, 2016

Revenue/Employee

377.7 k
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Groupon Operating Metrics

Groupon's Customers was reported to be 48.5 m in May, 2017.
Feb, 2016Feb, 2017May, 2017

Customers

47.70 m52.17 m48.50 m

Customers (North America)

31.20 m31.60 m

Markets

15
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Groupon Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
LivingSocial (1 k)October 26, 2016
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Groupon News and Updates

Jeweler sentenced for $3.6 million fraud scheme

A Connecticut man has been sentenced to four years in prison and ordered to pay more than $3.6 million in restitution for operating a long-running fraud scheme using his Rhode Island jewelry business

Groupon Apologizes After a Racial Slur Was Used to Describe Boots Listed on the Site

The racial slur was used on listings from multiple third-party sellers.

Chicago’s strongest startup sector is online marketplaces like Groupon and OpenTable

GUEST: As an investment leader in Chicago, I get asked about startup trends on a regular basis. Most often the question I’m asked is, “What is the strongest startup sector in Chicago?” It’s a hard question because one of Chicago’s core advantages nationally is that we are consistently strong everywh…

Sterling Bay and JP Morgan buy Chicago property for $510 mln

Chicago-based real estate developer and investor Sterling Bay and institutional investors advised by J.P. Morgan Asset Management have acquired a Chicago office property from Equity Commonwealth. The price of the acquisition was $510 million. Among the property's current tenants are Groupon, Uptake …

Q&A: Australian brand Christian Paul targets UK takeover

Australian import has big plans for UK after confirming distribution agreement

How female founders are faring in the Midwest

GUEST: Women remain underrepresented in tech, even as the industry tries to address jaw-dropping statistics about their absence in tech’s upper echelon. Less than 3 percent of female founders raised venture capital in 2017, even though in the first quarter of 2017 17 percent of startups reported hav…
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