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GRPN| Name | Value |
|---|---|
| Revenues | 126.5M |
| Cost of Revenue | 15.8M |
| Gross Profit | 110.7M |
| Operating Expense | 95.3M |
| Operating I/L | -0.5M |
| Other Income/Expense | -39.5M |
| Interest Income | 1.0M |
| Pretax | -40.0M |
| Income Tax Expense | 0.8M |
| Net Income/Loss | -41.4M |
Groupon, Inc. operates a marketplace connecting consumers to merchants, offering goods and services from third-party sellers as well as its own inventory. The company generates revenue by selling these products on its mobile apps and websites, facilitating transactions between buyers and sellers. Originally known as ThePoint.com, Inc., it rebranded as Groupon, Inc. in 2008. The company's business model revolves around providing a platform for merchants to reach a wide customer base and for consumers to access discounted deals and offers.
