All You Need to Know About Groupon

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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All You Need To Know About Groupon

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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Companies that Might Disappear in 2017

With the great retail die off heating off, many investors are wondering what companies will disappear next. Here is a list of companies in several industries that might vanish over the next year or so.

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Does Groupon Have a Future?

Naturally, investors will want to know if Groupon makes money or has other value. This question is being driven by news that Alibaba Holdings (NYSE: BABA) has been quietly buying Groupon’s shares. People are wondering if Jack Ma knows something that we do not.

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