Posts Tagged ‘groupon’
Shares of –Groupon tumbled by over 25% in after-hours trading on Wednesday after the discount retail channel revealed a decline in its key daily deals business and a mounting net loss.
In the last quarter of 2012, sales of Groupon’s discount offers for restaurants, salons and other merchants dropped to $413m, down from $478.5m in the [...]
As Groupon, which went public amid great fanfare in November, looks to expand beyond half-price deals on $20 manicures and $50 sushi dinners into the realm of $2000 laser eye surgery and $1200 memory foam mattresses.
The company is now encountering new risks that are hitting its own bottom line. However, the company expect that higher [...]
The online coupon seller–Groupon, which is struggling with concerns over its business model and volatile equity markets, is looking to raise as much as $540m in its upcoming IPO. This gives the company half the valuation it originally needed. According to a regulatory filing last Friday, it is revealed that Groupon will sell about 5% [...]
Groupon and Zynga, two most closely watched consumer internet companies which had filed plans in time to go public in early autumn, are looking to capitalize on the wave of investor excitement for consumer internet companies this year. However, now the two company have pulled back from going public as expected by experts on the [...]
The Chicago-based online coupon company–Groupon has given up its controversial accounting measure in a revised prospectus for its IPO and reported both staggering revenue growth and net losses for quarter 2 in 2011.
After filing IPO on Wednesday, the deal-of-day business with 3 years experience in practice was criticized for adopting a metric called as “adjusted [...]