Groupon has evolved over the months and when it rejected the billions of dollars Google sent on its way, the world knew the company was very confident of itself. They knew their model and believed they could execute without the support of a big company like Google. From a trial idea to billions of dollar valuation, Groupon has made progress.
In a new collaboration, Tekedia is making this infographic below to help our readers appreciate the growth, the dynamics, the people and pretty anything that should be known about Groupon. This graph is detailed and rich, especially for those that are waiting to pour money into this company. We thank our collaborator, Online MBA Site, for this masterpiece.
Groupon is a deal-of-the-day website that is localized to major markets in the United States. The first market for Groupon was Chicago, followed soon thereafter by Boston and New York City. Today, Groupon serves more than 40 markets in US and has bought international assets including a South Africa company, Twangoo, in the daily deal business.