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Love deals? – 115 million Groupon Subscribers do

 

 

 

 

 

 

When it comes to the battle of deal websites, Groupon is one of the biggest kids on the block along with Living Social.  This week’s news from an exclusive Reuters report that Groupon has more than 115 million subscribers is proof that the company is now the king of the deals.

Excerpt from Reuters story:

Groupon had 50.58 million subscribers at the end of 2010. That jumped 64 percent to 83.1 million at the end of the first quarter.

Since then, the number of subscribers has climbed to 115 million, the person said. That means subscribers are up about 38 percent since March 31.

Yikes…that is an extensive jump!  Yes, we are experiencing a bad economy, but the consumer always loves a great deal and showing plenty of it for Groupon and other deal sites.

Reuters article – Exclusive: Groupon subscribers jump to 115 million

http://www.reuters.com/article/2011/08/05/us-groupon-subscribers-idUSTRE7746I120110805?feedType=RSS&feedName=businessNews&dlvrit=56943

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