![]() ![]() That's because Groupon's success (and that of its closest rival, Washington, D.C.-based LivingSocial) has turned countless other players on to the potential of the “hyperlocal” marketplace, offering users large discounts on products and services tailored to their specific urban areas or neighborhoods. Now all the Chicago-based company has to do is reinvent itself - while scaling up to accommodate that growth. The brand now has a local presence in 175 markets in North America and almost 400 markets overseas earns an estimated $100 million in revenue per month and employs 4,500 people globally - up from 3,000 in November 2010.Īmazing. ![]() Two and a half years after its November 2008 launch, Groupon now numbers more than 70 million subscribers worldwide and has sold more than 46.6 million coupons, amounting to savings of $1.9 billion for its users. Groupon's stat sheet is pretty impressive. ![]()
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