An Indian Civilizational Perspective

Groupon Subscribers are now 115 million

With 115 million subscribers to its daily deals emails, Groupon’s customer base has already more than doubled in size this year, a new report suggests.

Reuters, citing an unnamed source, reports that Groupon’s subscriber base has grown 38% since March 31 (when it had 83.1 million subscribers), and 127% since the end of 2010 (when it had 50.58 million subscribers).

The 115 million figure, if accurate, would imply that Groupon continues to sign on new subscribers and expand its pool of potential deal buyers at an explosive rate.

Oddly enough, the remarkable but unconfirmed stat comes in the midst of Groupon’s somewhat awkward attempt to become a public company. The daily deals site leader filed for a $750 million IPO in June, but that was said to be delayed due to SEC questioning.

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