In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
Groupon (NASDAQ: GRPN) was founded in November in 2008, by 2010 it was already available in 250 cities and had 35 million registered users. In 2014 Groupon Getaways was launched, an app that is used for browsing and booking trips.
2016 saw the company sell its 1 billionth promotion.
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Groupon is far bigger than you think, it posted $18 billion in revenues in 2017. The digital coupon service also reached $1 billion in sales, Those sales included 2.355 million airline miles, 4.405 million hours of yoga, 59.238 million slices of pizza, and 679 million miles of sushi rolls. Therefore Groupon is now a very big business.
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