Groupon Data-Points
February 25th, 2011
-Revenue $760M in 2010 vs. $33M in 2009
-Received $6B take-over bid in December 2010 from Google
-Instead raised $950M in financing
-4000 employees and 565 cities at end of 2010 vs. 120 employees and 30 cities at end of 2009
-overseas revenue $285M in 2010 with 75% of the employee base
-national deals 12% of revenue in Q4 2010
-51 million email subscribers with a goal of 150 million by end of 2011
-hopes for $1B of new revenue from new products launched in 2011, not just daily email
Source: WSJ
Categories: Blog