Groupon's founder and chief executive, Andrew Mason, has been fired following a string of poor financial results. In a candid memo to Groupon's staff Mason said: "After four and a half intense and wonderful years as CEO of Groupon, I've ...
Tags: Andrew Mason, Groupon, company news
Groupon’s revenues have increased but so has the company’s net loss. Groupon's revenue for Q4 2012 was $638.3m an increase of 30% year-over-year, compared to $492.2m for the same period in 2011. The company's gross billings ...
Tags: Groupon, gross billings, net loss