Is Groupon a product-based company?
Groupon, Inc. American global e-commerce marketplace connecting subscribers with local merchants by offering activities, travel, goods and services in 13 countries. Based in Chicago, Groupon was launched there in November 2008, launching soon after in Boston, New York City and Toronto. Groupon is a great way for businesses to get noticed, but it also comes with some drawbacks. When businesses list deals on Groupon, they have to offer steep discounts, and then Groupon takes a big cut of the revenue. That means less money going back into improving our lanes, food, arcade, and overall experience.After the deal is live, Groupon collects the revenue earned from your product or service sales and distributes them to you every 30 days. They usually take around 50% of the profit you receive from selling your product on their service. You don’t need to pay any upfront costs to advertise onGroupon.Is Groupon a good company to work for? Groupon has an overall rating of 3. This rating has been stable over the past 12 months. Groupon to a friend and 45% have a positive outlook for the business.You can sell on Groupon by submitting your details, creating a campaign, and preparing staff, and then use our Merchant Center to track your results. Selling on Groupon helps local businesses attract new customers, increase sales, and build brand awareness.But with such steep markdowns, it’s natural to question whether the savings are safe or just too good to be true. Here’s the short answer: Groupon is a legitimate marketplace that connects you with verified businesses offering real discounts.
What type of company is Groupon?
Description. Groupon, Inc. North America and international. Why the downfall? Critics have long called Groupon’s model unsustainable. Customers get subpar services from swamped businesses, while businesses get a bad deal in the long term. One analysis found only ~20% of Groupon buyers returned for full-price purchases.Groupon’s revenue grew 1% y/y to $125. Wall Street’s expectations of $122. Overall revenue growth accelerated five points versus a -4% decline in Q1, certifying that the company’s revenue growth is following the recent improving trend in billings.In recent years, Groupon has shifted greater focus toward higher-margin local experiences and services, phasing out lower-margin goods. As of 2025, Groupon’s Local segment in North America was the primary growth driver.The customers they won with damagingly low deals on Groupon did not become loyal customers but moved on to exploit the next amazing deal, leaving small businesses with only the costs. As a result, they pulled back from their deals, and Groupon had to expensively acquire new businesses to keep the deals site full.
Who is the CEO of Groupon?
Dusan Senkypl Dusan co-founded Pale Fire Capital in 2015 and serves as Chairman and CEO. In conjunction with his appointment to Groupon CEO, Dušan will be stepping down from day-to-day responsibilities at Pale Fire Capital. On May 7, 2024, Dusan was appointed permanent CEO. Dusan is an entrepreneur by trade. Chief Executive Officer & Director, Groupon, Inc. Mr. Senkypl is the founder of Pale Fire Capital SE, founded in 2015, where the title held is Partner since 2015. Current jobs include Chief Executive Officer & Director at Groupon, Inc.
Is Groupon a good place to work?
Is Groupon a good company to work for? Groupon has an overall rating of 3. This rating has been stable over the past 12 months. Groupon to a friend and 44% have a positive outlook for the business. Daily-deal platforms like Groupon and Woot still attract millions of bargain-hunting shoppers. In fact, Groupon alone saw around 18 million active customers in 2023—proof that the appetite for short-term discounts hasn’t gone anywhere.Explore other competing options and alternatives. Other important factors to consider when researching alternatives to Groupon include price and customer service. The best overall Groupon alternative is Vagaro. Other similar apps like Groupon are Travelzoo, dealsaver, Localflavor, and Gilt.You can sell on Groupon by submitting your details, creating a campaign, and preparing staff, and then use our Merchant Center to track your results. Selling on Groupon helps local businesses attract new customers, increase sales, and build brand awareness.The deals offered daily through Groupon start at 50 percent off and can go as high as 90 percent cheaper than the normal price. Groupon can offer such steep discounts because it guarantees business owners a minimum return on their investment and the possibility of becoming an overnight sensation.