Around the Net
Groupon Sees Majority of Revenues in Q4 From Physical Sales
- Internet Retailer, Friday, February 21, 2014 4:06 PM
Daily deal email company Groupon saw the majority of its fourth quarter 2013 sales come from physical goods sold via the company's Groupon Goods division rather than from discount vouchers. The company reported this week that Groupon Goods accounted for 53.8% of the company’s revenue in the fourth quarter. The company's revenues during Q4 were up 20.4 percent, reaching $768.4 million, up from $638.3 million in 2012.
