Groupon works with merchants worldwide to provide discounted goods and services to its subscribers, functioning as a marketplace that connects consumers to merchants. The company enables consumers to find discounted rates for local businesses, travel destinations, entertainment, products, and more, and works with businesses to attract customers and grow their companies. The company focuses on local businesses, live events, and travel destinations.
Groupon was founded in 2008 and is headquartered in Chicago, Illinois. The company was created by founder Andrew Mason, whose idea gained attention from Eric Lefkofsky, who provided $1 million in seed money. Groupon has 2,079 total employees, and the trailing twelve month revenue is $496 million as of February 2026.
Recent Leadership News
In May 2024, interim Chief Executive Officer Dusan Senkypl was named permanent CEO, having served as interim CEO since March 2023. Groupon has seen several key executive appointments in the past year, including a permanent CEO and new CFO, CTO, COO and CPO, signaling a phase of leadership refresh and strategic refocus.
Facts compiled by Executive Moves from publicly available news and press releases on 22 May 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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