Saturday, March 26, 2011

Groupon?s ?Real? U.S. Revenue Numbers For February

Two days ago, I published the chart below with monthly estimates of Groupon's U.S. revenues. The chart shows a startling 30 percent falloff in February from the month before. As I noted in the post:
Again, these are just estimates based on the equivalent of scraping Groupon?s site, and thus could be missing something.
Well, at least for February, it looks like those numbers are way off. The post obviously caused some ripple effects to the extent that Groupon had to start addressing the issue with potential hires. As a result, it knocked loose the real revenue numbers for February and January. Groupon wouldn't comment on the revenue numbers when I asked them about it, but according to a source, Groupon is now privately countering the numbers in my post: instead of $62 million in U.S. revenues, the company did $103 million in February. And that is up from $92 million in January (compared to the $89 million in the original data).

Source: http://feedproxy.google.com/~r/Techcrunch/~3/pHmS3GJhFLQ/

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