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It's been reported[1] that revenue is actually $2 billion, not 500MM. [1] http://kara.allthingsd.com/20101203/exclusive-groupon-annual-revenues-actually-2-bill
by LiveTheDream 16y ago
It's been reported[1] that revenue is actually $2 billion, not 500MM.
[1] http://kara.allthingsd.com/20101203/exclusive-groupon-annual-revenues-actually-2-billion/ http://kara.allthingsd.com/20101203/exclusive-groupon-annual...
- SriniK 16y agoAs mentioned in the article she is quoting gross merchandise sales not the gross revenue. As with groupon's business model, they pay ~70% of that to merchants. Refer the first link from businessinsider.com on the estimations.