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New Delhi, Nov 24 Deals company Groupon India today said it will be launching its services in Goa in January next year, expanding the network to 12 cities across the country. Stating that the company is growing at a good rate, Warikoo said currently, Groupon is selling a deal worth Rs 1, every 26 seconds as compared to 33 seconds last year. The average deal is around Rs 1,," he added.
Warikoo, however, refused to share the average value of a deal last year but said it was lower than Rs 1, It offers deals across three categories, including local services which is the main category and offers deals on restaurants, spas, saloons, dentists healthcare etc, than there is product category and the third is travel. As per ComScore, the company has a 56 per cent market share in the deal space. A few months back, the shopping site had launched a seven-day deal offering onions for Rs 9 per kilogram.
Groupon India's contribution to its parent company Groupon International is small at present but the company expects it to grow significantly going forward. India though is one of the fastest growing countries in the portfolio," Warikoo said. Groupon bought the Indian deal-of-the-day website SoSasta. The company was then re-branded Groupon India in November The company is working with brands such as Taj, Hilton, Oberio, Puma, Sony, Philips among other and it had over 5, merchants associated with it as on March The company is looking to increase its merchants to 6, by the end of this year.
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Groupon is a global leader in local commerce, offering consumers incredible deals on the best stuff to eat, see, do, and buy in over 47 countries. Think casual Fridays are fun?
New Delhi, Nov 24 Deals company Groupon India today said it will be launching its services in Goa in January next year, expanding the network to 12 cities across the country. Stating that the company is growing at a good rate, Warikoo said currently, Groupon is selling a deal worth Rs 1, every 26 seconds as compared to 33 seconds last year. The average deal is around Rs 1,," he added. Warikoo, however, refused to share the average value of a deal last year but said it was lower than Rs 1, It offers deals across three categories, including local services which is the main category and offers deals on restaurants, spas, saloons, dentists healthcare etc, than there is product category and the third is travel. As per ComScore, the company has a 56 per cent market share in the deal space.
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Groupon India to launch services in Goa in Jan 2014
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As a business, it allows customers to discover, buy and save on merchants nearest to them thus the name, near-buy. After the rebranding of Nearbuy in August , Groupon became a minority stakeholder in nearbuy. The new entity Nearbuy has one member each on its board from Sequoia India and Groupon aside from Ankur Warikoo representing the Nearbuy founders. Sequoia India and Groupon still continue to be shareholders of the merged entity. Nearbuy does not charge anything from merchants for listing their services on the platform.
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