Groupon app monthly downloads worldwide 2019-2024, by operating system
After an increase in the number of downloads of the Groupon app from December 2019 to February 2020, both Google Play Store and iPhone App Store downloads of the application plummeted. In May 2024, the deals and discounts site's app was downloaded approximately 317,000 times on the iPhone App Store and 123,000 times on the Google Play Store.
The star child of discounts
Groupon was launched in 2008 in the United States, as a deal-of-the-day platform, where subscribers can purchase vouchers and coupons for a wide range of services and products, from a romantic dinner to a manicure or a cruise vacation. After signing up, users receive daily or weekly notifications with special offers, customized according to their preferences, location, and transaction history.
Lean times for Groupon
In the early 2010s, the website quickly expanded into international markets, acquiring several similar local services, such as MyCityDeal in Europe, ClanDescuento in South America, or Qpod.jp in Asia. However, since the departure of its founder Andrew Mason in 2013, Groupon has experienced volatile times. In addition to seeing its number of active customers drop by nearly half since 2018, the coronavirus pandemic has dealt the U.S. company another severe blow. In 2020, the company suffered a net loss of over 286 million U.S. dollars. Even after the pandemic, Groupon's financials remained strained, leading to a net loss of 234 million dollars in 2022.
