"2014 was a transformational year for Groupon, as we made significant progress in our strategy to become the world's leading local commerce destination," said Eric Lefkofsky, CEO of Groupon, in a statemennt. "Global billings hit their highest level ever in the quarter, growing more than 30%, driven in part by our reignited North America Local business. We now turn our attention to further building out our marketplace to ensure that our more than 260 million subscribers have an amazing experience every time they use Groupon."