Slight first quarter growth for Groupon | RetailDetail

Slight first quarter growth for Groupon

Slight first quarter growth for Groupon

Groupon's turnover grew 3 % in the first quarter of 2015, mainly thanks to the division Groupon Goods which sells physical products and managed a 14 % turnover growth over the past quarter.

Still losing money

Groupon's total turnover reached 750.4 million dollars (670 million euro) in the first quarter of 2015, 3 % higher than in the same period last year. More than half of its turnover, 480 million dollars (425 million euro), came from the United States where sales grew 11.3 %. Turnover in the rest of the world dropped 9 % to 270.4 million dollars (245 million euro). 


Groupon is widely known for its voucher sales, but Groupon Goods brings in 55 % of the company's turnover. In the first quarter of 2015, that division managed to grow its turnover 13.8 % to 415.5 million dollars (370 million euro).


Despite turnover growth in Groupon Goods, the company still posted a 14.3 million dollar (12.5 million euro) net loss. That is still better than last year's net loss, which reached 37.8 million dollars (34 million euro).

Questions or comments? Please feel free to contact the editors

German Otto Group continues to soar


German online company Otto Group saw its turnover grow 10.9 % to 7.76 billion euro in the past fiscal year. The former mail order company will continue to invest in start-ups and technology.

Decent profit increase for


Chinese online retailer has grown strongly in 2017: turnover grew nearly 50 % and it was profitable again. The company also expects to exceed a 30 % growth pace in 2018’s first quarter.

Rakuten ditches Priceminister brand


Rakuten has decided to get rid of its French brand Priceminister and absorb it into Rakuten, similar to what it did tot British acquires Eastern European competitors


Fast food supplier acquired its Bulgarian competitor BGmenu and its Romanian competitor Oliviera in yet another step towards its goal of being the European market leader.

Colruyt joins PostNL's grocery service


The mailman will deliver groceries every two weeks from now on: PostNL will collaborate with new grocery service Stockon in the Netherlands. A remarkable fact is that its private label brands are Boni, which is Belgian supermarket chain Colruyt’s private label.

Strong growth for Chinese e-commerce once again


There was another strong increase in the Chinese online market last year: compared to 2016, it achieved an astonishing 32 % growth. In that regard, China is performing exceptionally online.

Back to top