# Groupon

> American worldwide e-commerce marketplace

**Wikidata**: [Q852787](https://www.wikidata.org/wiki/Q852787)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Groupon)  
**Source**: https://4ort.xyz/entity/groupon

## Summary
Groupon is an American worldwide e-commerce marketplace founded in 2008, headquartered in Chicago, Illinois. It operates as a public company, offering daily deals and discounts on goods, services, and experiences to consumers globally. Groupon is known for its online platform that connects merchants with customers through localized offers.

## Key Facts
- **Founded**: January 1, 2008
- **Headquarters**: Chicago, Illinois, United States
- **Industry**: E-commerce
- **Type**: Public company
- **Founder**: Andrew Mason
- **Revenue**: $967.1 million (2020), $1.4 billion (2019), $2.2 billion (2018)
- **Net Profit**: $120.3 million (2020), -$286.2 million (2019), -$11.7 million (2018)
- **Employees**: 3,675 (2020)
- **Total Assets**: $1.16 billion (2020), $1.41 billion (2019)
- **Stock Exchange**: Nasdaq (ticker: GRPN)
- **Subsidiaries**: LivingSocial (acquired in 2016)
- **Owned by**: The Vanguard Group, among other institutional investors
- **Sitelink Count**: 28 (Wikipedia links)
- **Website**: [www.groupon.com](http://www.groupon.com)
- **Aliases**: Groupon, Inc.

## FAQs
**What is Groupon?**
Groupon is an American worldwide e-commerce marketplace that offers daily deals and discounts on goods, services, and experiences. It connects merchants with consumers through localized offers on its online platform.

**Who founded Groupon?**
Groupon was founded by Andrew Mason, an American businessman, on January 1, 2008.

**What is Groupon's business model?**
Groupon operates as an e-commerce marketplace, offering daily deals and discounts to consumers. It generates revenue by taking a commission on each transaction facilitated through its platform.

**Where is Groupon headquartered?**
Groupon is headquartered in Chicago, Illinois, United States.

**What is Groupon's revenue and net profit?**
In 2020, Groupon reported revenue of $967.1 million and a net profit of $120.3 million. In 2019, the company reported revenue of $1.4 billion and a net loss of $286.2 million.

**What is Groupon's stock exchange listing?**
Groupon is listed on the Nasdaq stock exchange under the ticker symbol GRPN.

**What subsidiaries does Groupon own?**
Groupon owns LivingSocial, a company it purchased in 2016.

**Who are the major shareholders of Groupon?**
Major shareholders of Groupon include The Vanguard Group, among other institutional investors.

**What is Groupon's global presence?**
Groupon operates globally, with a presence in numerous countries. Its website is available in multiple languages, including English, German, French, Italian, Spanish, Japanese, and more.

**What is Groupon's employee count?**
As of 2020, Groupon employed approximately 3,675 people.

**What is Groupon's total assets?**
In 2020, Groupon reported total assets of $1.16 billion, and in 2019, it reported total assets of $1.41 billion.

**What is Groupon's sitelink count on Wikipedia?**
Groupon has a sitelink count of 28 on Wikipedia, indicating its presence in multiple language editions.

**What is Groupon's website?**
Groupon's primary website is [www.groupon.com](http://www.groupon.com). It also operates localized websites for various countries, such as the United Kingdom, Germany, the Netherlands, Australia, Canada, France, Belgium, Italy, Poland, Spain, Japan, and Israel.

**What is Groupon's industry classification?**
Groupon is classified under the e-commerce industry, specifically as a type of business industry usually conducted over the Internet.

**What is Groupon's legal structure?**
Groupon is a public company, meaning it offers its securities for sale to the general public, typically through a stock exchange.

**What is Groupon's relationship with The Vanguard Group?**
The Vanguard Group is one of the major shareholders of Groupon, owning a significant portion of its securities.

**What is Groupon's relationship with LivingSocial?**
Groupon acquired LivingSocial in 2016, making it a subsidiary of Groupon.

**What is Groupon's relationship with Andrew Mason?**
Andrew Mason is the founder of Groupon and played a crucial role in its establishment and early growth.

**What is Groupon's relationship with Chicago?**
Groupon is headquartered in Chicago, Illinois, which is also the city where it was founded.

**What is Groupon's relationship with the United States?**
Groupon is an American company, founded and headquartered in the United States. It operates globally but has a significant presence in the U.S. market.

## Why It Matters
Groupon matters because it revolutionized the e-commerce landscape by introducing a platform that connects merchants with consumers through daily deals and discounts. This model not only provided consumers with access to affordable goods and services but also helped small and medium-sized businesses reach a broader audience. Groupon's innovative approach to online commerce has had a significant impact on the retail and service industries, driving consumer engagement and fostering economic activity. Its global presence and localized offers have made it a key player in the e-commerce marketplace, influencing how consumers discover and purchase products and services.

## Notable For
- Pioneering the daily deals and discounts model in e-commerce.
- Founding by Andrew Mason, a notable American businessman.
- Operating as a public company listed on the Nasdaq stock exchange.
- Acquiring LivingSocial, a significant competitor in the daily deals market.
- Having a global presence with localized websites in multiple countries.
- Generating substantial revenue and employing thousands of people worldwide.
- Being headquartered in Chicago, Illinois, a major economic hub in the United States.
- Having a unique business model that connects merchants with consumers through localized offers.
- Being owned by major institutional investors like The Vanguard Group.
- Having a significant sitelink count on Wikipedia, indicating its global recognition and presence.

## Body

### History and Founding
Groupon was founded on January 1, 2008, by Andrew Mason, an American businessman. The company was established in Chicago, Illinois, and quickly gained traction as an innovative e-commerce platform offering daily deals and discounts. Groupon's business model revolved around connecting merchants with consumers through localized offers, providing a win-win scenario for both parties. The company's rapid growth and success led to its initial public offering (IPO) on the Nasdaq stock exchange, further solidifying its position in the e-commerce marketplace.

### Corporate Structure and Ownership
Groupon operates as a public company, meaning it offers its securities for sale to the general public. This structure allows the company to raise capital from a wide pool of investors and provides liquidity for shareholders. Groupon is listed on the Nasdaq stock exchange under the ticker symbol GRPN. Major shareholders of Groupon include institutional investors like The Vanguard Group, which owns a significant portion of the company's securities. This ownership structure aligns the interests of the company with those of its investors, ensuring a focus on long-term growth and stability.

### Business Model and Operations
Groupon's business model is centered around offering daily deals and discounts on goods, services, and experiences. The company's online platform connects merchants with consumers, providing localized offers that drive consumer engagement and economic activity. Groupon generates revenue by taking a commission on each transaction facilitated through its platform. This model has proven successful, with the company reporting substantial revenue and employing thousands of people worldwide. Groupon's operations are global, with a presence in numerous countries and localized websites tailored to specific markets.

### Global Presence and Localization
Groupon has a significant global presence, operating in multiple countries and offering localized deals and discounts. The company's website is available in various languages, including English, German, French, Italian, Spanish, Japanese, and more. This localization strategy allows Groupon to cater to diverse markets and consumer preferences, driving engagement and fostering economic activity. The company's global reach and localized offers have made it a key player in the e-commerce marketplace, influencing how consumers discover and purchase products and services.

### Financial Performance and Growth
Groupon has demonstrated strong financial performance and growth since its founding. In 2020, the company reported revenue of $967.1 million and a net profit of $120.3 million. In 2019, Groupon reported revenue of $1.4 billion, although it experienced a net loss of $286.2 million. The company's total assets in 2020 were $1.16 billion, and in 2019, they were $1.41 billion. Groupon's financial strength and growth are reflected in its ability to employ approximately 3,675 people as of 2020 and its global presence in the e-commerce marketplace.

### Acquisitions and Subsidiaries
Groupon has expanded its operations through strategic acquisitions, including the purchase of LivingSocial in 2016. LivingSocial was a significant competitor in the daily deals market, and its acquisition by Groupon further solidified the company's position in the e-commerce marketplace. This acquisition allowed Groupon to leverage LivingSocial's customer base and market presence, driving growth and fostering economic activity. The integration of LivingSocial into Groupon's operations has been a key factor in the company's success and global reach.

### Leadership and Key People
Andrew Mason, the founder of Groupon, played a crucial role in the company's establishment and early growth. His vision and leadership were instrumental in shaping Groupon's business model and driving its success in the e-commerce marketplace. Mason's innovative approach to online commerce and his ability to connect merchants with consumers through localized offers have had a significant impact on the retail and service industries. His contributions to Groupon's founding and growth are a testament to his entrepreneurial spirit and leadership.

### Technology and Innovation
Groupon has leveraged technology and innovation to drive its success in the e-commerce marketplace. The company's online platform and digital tools have enabled it to connect merchants with consumers efficiently and effectively. Groupon's use of data analytics and localized offers has allowed it to cater to diverse markets and consumer preferences, driving engagement and fostering economic activity. The company's commitment to innovation and technology has been a key factor in its growth and global reach.

### Community and Social Impact
Groupon's business model has had a significant impact on the retail and service industries, driving consumer engagement and fostering economic activity. The company's platform has provided small and medium-sized businesses with access to a broader audience, helping them reach new customers and grow their operations. Groupon's localized offers and daily deals have also provided consumers with access to affordable goods and services, enhancing their purchasing power and quality of life. The company's community and social impact are reflected in its ability to connect merchants with consumers and drive economic activity.

### Regulatory and Legal Considerations
As a public company, Groupon is subject to regulatory and legal considerations that govern its operations and financial reporting. The company is listed on the Nasdaq stock exchange and must adhere to strict regulatory standards to ensure transparency and accountability. Groupon's compliance with these regulations is essential for maintaining investor confidence and fostering long-term growth and stability. The company's commitment to regulatory and legal compliance is reflected in its financial reporting and corporate governance practices.

### Future Outlook and Growth Opportunities
Groupon's future outlook and growth opportunities are promising, given its strong financial performance and global presence. The company's innovative business model and commitment to technology and innovation position it well for continued success in the e-commerce marketplace. Groupon's ability to connect merchants with consumers through localized offers and daily deals provides a unique value proposition that drives consumer engagement and economic activity. The company's future growth opportunities are reflected in its ability to expand its operations and leverage new technologies to enhance its platform and services.

### Conclusion
Groupon is a pioneering force in the e-commerce marketplace, known for its innovative business model and commitment to technology and innovation. The company's global presence and localized offers have made it a key player in the retail and service industries, driving consumer engagement and fostering economic activity. Groupon's strong financial performance and growth are reflected in its ability to employ thousands of people worldwide and its significant impact on the e-commerce landscape. The company's future outlook and growth opportunities are promising, positioning it well for continued success and influence in the global marketplace.

## References

1. [proxy statement](https://s22.q4cdn.com/731250486/files/doc_financials/2022/ar/2022-Proxy-DEF-14A-Final-for-Posting-4.27.2022-(V2).pdf)
2. Japanese Wikipedia
3. [Source](https://internetassociation.org/our-members/)
4. [Source](https://foundation.nodejs.org/about/members)
5. [Source](https://openjsf.org/about/members/)
6. Freebase Data Dumps. 2013
7. [Form 20-F](https://s22.q4cdn.com/731250486/files/doc_financials/2021/ar/2021-Annual-Report-Final-for-Posting-4.27.2022.pdf)
8. [Alexa Internet](https://www.alexa.com/siteinfo/groupon.com/)
9. [Crunchbase](http://www.crunchbase.com/organization/groupon)
10. [GROUPON WEBSITE RESPONSIBLE DISCLOSURE](https://www.groupon.com/pages/responsible-disclosure)
11. Wikirate