Groupon and Industry Resume Growth, Post Record Revenue in August

by: on September 12, 2011
3 Comments

Yipit Industry Data

Today’s Yipit Data Report reveals Groupon and the overall Industry have reversed their down month in July:

Groupon’s revenue increased 13% from July to $121 million, a $1.5 billion annual run rate.

LivingSocial’s revenue declined 3% to $45 million, a $540 million annual run rate. August was the second consecutive month that LivingSocial experienced declining revenue in North America.

The North American Daily Deal industry resumed growth in August. Industry revenue and number of deals offered increased 9% from July.

Groupon gained market share at the expense of LivingSocial for the second consecutive month. Prior to July, LivingSocial had been gaining market share on Groupon for several months.

In its first full month, Groupon Getaways outperformed LivingSocial Escapes in the travel deals segment. Groupon Getaways generated 42% more revenue than LivingSocial Escapes and averaged 78% higher revenue per deal.

TechCrunch just covered today’s launch of the August Report.

For the full analysis, check out Yipit’s Daily Deal Industry Data.

  • http://silicoxvalley.com person287

    All of Groupon just stinks of rubbish to me. All those pop-unders just put me off, I mean what other reputable company uses those?

  • anon

    hi there, 

    im not sure where to put this – there is no “contact us” link on the website….

    It would be great to have an rss feature on the website, so that all my filtered deals get passed on to me daily via rss. It would make things so much easier…

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