Confidential -- DRAFT
Yipit Data | http://yipit.com/data (4) August 2011
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ARKET
G
ROWTH
The North American Daily Deal industry resumed growth in August following its declinein July. Both the number of deals offered and total industry revenue grew by 9% fromJuly.
The Daily Deal industry resumed growth with the number of Daily Deals, recorded revenueand number of competitors increasing from July.
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Number of deals offered increased 9% to 31,646 from 29,020 in July.
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Total revenue increased by 9% to an estimated $228 million from an estimated $209million in July.
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EADERBOARD
Groupon generated double-digit revenue growth in August while LivingSocialexperienced declining revenue for the second consecutive month.
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Groupon’s revenue increased by 13% to $120.7 million from $106.6 million in July.
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Groupon’s growth was driven by a 10% increase in the number of vouchers sold per deal and a 5% increase in the average voucher price. These two factors offset theslight decline in the number of deals that Groupon ran during the month.
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Groupon benefited from the first full month of Groupon’s travel deals product,Groupon Getaways, which launched in mid-July. Groupon Getaways accounted for