Groupon how many members

In , Groupon was the fifth most downloaded free discount and offers app in the world , far behind, however, Singapore's Shopee. Meanwhile, in the United States, it was surpassed by the savings applications Fetch Rewards and Ibotta , which registered 12 million and 5. This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text.

Most visited coupon site worldwide. Financials Annual net loss. Consumption Global number of active Groupon customers. Share of U.

Mobile app Number of global Groupon app downloads. Interesting statistics In the following 4 chapters, you will quickly find the 30 most important statistics relating to "Groupon". Statistics on the topic. Overview Leading coupons and rebates websites worldwide , based on visit share. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. Performance Performance.

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Select personalised ads. Apply market research to generate audience insights. Measure content performance. Develop and improve products. List of Partners vendors. Groupon is a website and mobile app that offers coupons, cashback on purchases and group deals to consumers. Restaurants, retailers, and manufacturers use Groupon deals in an effort to lure customers into their establishments or to purchase their products.

The word "Groupon" is a portmanteau of the words group and coupon. The company partners with providers of goods and services by hosting a discount deal and keeping a percentage of the profit as a marketing fee.

Unlike a standard coupon, a groupon lets consumers pay the discounted price for goods in advance by purchasing the deal. The original idea behind Groupon was to tap into the power of collective purchasing by offering a substantial discount to a group of people if they buy a product or service. That's the "group" in Groupon. Ostensibly, merchants would benefit because the discount offered through the coupon would be offset by the scale of new customers.

Until , Groupon deals included a "tipping point," which requires a predetermined number of consumers, such as , to make a purchase before the merchant must honor the discount. This model's design helps the business make an initial profit to cover the upfront cost of providing the service.

Still wondering why Groupon is such an effective couponing juggernaut? Worry not. Sometimes a picture really is worth a million words. Take a look at this infographic for further insight. By Michael-Jon Lazar. In Ecommerce. Groupon allows vendors of numerous niches to promote products and services online when they are offered at a vast discount from the retail price.

Users Per Quarter. Most Active Groupon Statistics.