What are the future prospects of Groupon?

According to the 6 industry analysts covering Groupon, the consensus is that breakeven is near. They expect the company to post a final loss in 2021, before turning a profit of US$60m in 2022. Therefore, the company is expected to breakeven just over a year from now.

Who is Groupon’s biggest competitor?

LivingSocial
LivingSocial is Groupon’s main competitor, and they serve in 26 cities across the U.S. and have received about $44M in funding. LivingSocial’s model is somewhat different from Groupon’s, as there is no minimum number of people needed to make the deal valid.

What is the other site like Groupon?

LivingSocial is the second-largest daily deals site after Groupon, and the most similar to Groupon. It’s worth checking out for a different selection of deals. And like Groupon, it also has instant deals.

Is Groupon doing well?

At first glance, digital coupon service Groupon (NASDAQ:GRPN) might look like a good investment today. The stock is down 18\% over the last three months, including a 10\% drop in May. At the same time, Groupon’s bottom line swung to a modest profit in last month’s first-quarter report.

Is LivingSocial the same as Groupon?

Although a competitor, LivingSocial is now owned by Groupon. It offers enticing coupon deals, with a focus on local travel and events. Launched in August 2009, LivingSocial says it now reaches more than 14.5 million subscribers around the world.

In what industry does Groupon compete?

Groupon Inc. (GRPN) has had a tough go of it since its initial public offering (IPO), as competition in the online retail and coupon space has heated up. The company went public at a price of $20, but as of May 2, 2020, its share price was down 94\% from its IPO price.

What is group buying site?

Group buying, social buying, collective online buying, crowd buying – they all mean one thing. It’s getting deals and discounts through the power of bulk buying. This is not your typical mall sale promotion, but really BIG online discounts with deals going up as high as 90\% off the original price.

How does group buying work?

Group buying, also known as collective buying, offers products and services at significantly reduced prices on the condition that a minimum number of buyers would make the purchase.