![]() ![]() In addition to the website, Groupon customers can browse, shop, and redeem deals directly from the mobile app. dollars of net income, a major increase after the loss in the previous year. However, in 2021, the company accumulated over 120 million U.S. In large part due to the COVID-19 pandemic, 2020 was particularly difficult for the deal-of-the-day business, posting a net loss of some 286 million dollars. dollars, far less than half of what it recorded at its peak in 2016. In 2021, Groupon's global revenue was around 967 million U.S. Slumping customer numbers have taken a significant toll on Groupon's revenues. From nearly 54 million unique customers purchasing at least one offer on the site in the fourth quarter of 2014, this figure shrank to 22.2 million buyers by the first quarter of 2022. ![]() Over the past few years, the number of Groupon shoppers has fallen sharply. ![]()
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