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Recent data from daily deal aggregator Yipit , shows there are now over 480. Observation 2: Spending beyond face value at redemption is not predictive of profitability. This result supports the importance of the Groupon promotion as a means for the small or medium-sized business to receive exposure in a new customer base.".
Cumulative customers (unique buyers of Groupons): 15.8M (Q1 2011), 9.0M (2010), 0.4M (2009). 3) Groupon’s Business is Like An ATM: Groupon is currently unprofitable on a GAAP basis thanks to acquisition related expenses in 2010 as well as ongoing marketing spend to acquire customers. in net revenue and passes $0.58
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