USX:GRPN - Groupon, Inc Groupon, Inc
Sector: Consumer Discretionary, Industry: Internet & Direct Marketing Retail
Next Earnings: 4 Aug 2021
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USD 44.55    +1.500 (+3.48%)
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21 Jun 2021


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General

CEO: Mr. Aaron Z. Cooper

IPO: 2011-11-04

Headquarters: US

Employees: 4,159

Homepage

Description

Groupon acts as the middleman between consumers and merchants, offering a variety of products and services at discounts via its online store. It offers consumers daily deals (in the form of online vouchers) from local merchants. Groupon also sells products directly to consumers. It generates revenue from the take rate on the purchase and/or usage of the vouchers (40% of total revenue) and from direct sales (60% of total revenue). More than 65% of Groupon’s revenue comes from North America.