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Is there another website like Groupon?

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Is there another website like Groupon?

LivingSocial. LivingSocial is the second-largest daily deals site after Groupon, and the most similar to Groupon. It’s worth checking out for a different selection of deals. And like Groupon, it also has instant deals.

Can you get scammed on Groupon?

In general, Groupon is safe to use due to the fact that businesses need to partner with the site to post an offering, and if there was any issue, after a handful of people noticed it, any fraudulent offers would be removed immediately. However, sometimes users pay for fraudulent offers posted on the site.

Does anyone still use Groupon?

Over the past few years, the number of Groupon shoppers has fallen sharply. From nearly 54 million unique customers purchasing at least one offer on the site in the fourth quarter of 2014, this figure shrank to 24 million buyers by the third quarter of 2021.

What happened Groupon?

What happened. Shares of Groupon (GRPN -1.73%), which bills itself as an experiences marketplace, fell over 9% at the open of trading on March 1. The big news driving the decline was the company’s fourth-quarter 2021 earnings release, which hit the market after the close on Feb. 28.

What are some other apps like Groupon?

16 Best Sites Like Groupon

  • LivingSocial.
  • Woot.
  • Travelzoo.
  • RetailMeNot.
  • Slickdeals.
  • DealNews.
  • DealCatcher.
  • DealsPlus.

Is LivingSocial the same as Groupon?

Groupon announced Wednesday it has agreed to buy LivingSocial, its onetime rival in the daily deals market, for a price low enough to be considered “not material.” The acquisition marks the end of a remarkable comedown for LivingSocial, which was once said to be valued as high as $4.5 billion on the private market.

Is Groupon really worth it?

Consumers: Groupon deals save you money because you pay less than the full retail price on goods and services. They even offer some student discounts. But it isn’t always easy to find deals for things you want or would enjoy doing. The fine print can also turn an amazing deal into something you can’t or won’t even use.

How is Groupon so cheap?

Groupon earns its money through a commission it generates on every coupon it sells. Retailers and businesses that offer their goods and services on the site are promised a minimum number of deals that are sold. When that threshold is reached, each deal coupon that is sold earns Groupon a 50% commission.

Do businesses hate Groupon?

The unhappy owners reported that 87% of Groupon-wielding customers never returned to pay full price. Even the two-thirds of business owners who said they were happy with the performance of their Groupons admitted that 70% of the customers who came in with the discounts never returned.

Why did Groupon failed?

There was no effective way to limit the quantity of items you sold at a discount. Shops were driven into bankruptcy because Groupon sold thousands of items below cost. That’s crazy.” In other words, the company never did become adept at bridging the gap between traditional commerce and the web.

Is Groupon still in China?

Just two months ago at the end of August, Groupon closed 13 of its Chinese locations and fired over 400 full-time staff. Groupon is just the latest example of a Western Internet company to fail in China.

How did Groupon fail?