Groupon's stock exchange listing delays
The second quarter revenues of Groupon, which known as the pioneer of shopping vouchers increased to nearly tenfold, to 878 million USD, but the company still has a respectable loss: 102.7 million USD losses in the second quarter after last year's 35.9 million USD.
The result are due to the very intense global expansion costs: the Groupon increased its staff with two thousand employees in one year, who's job is to seek and to sign the service providers offering a discount coupon. In addition, marketing costs were also high: 452 million USD – reports Világgazdaság Online, after Wall Street Journal.
Related news
Related news
The BioTechUSA group was able to grow despite market challenges
The purely domestically owned BioTechUSA group has published its annual…
Read more >KOMETA has been renewed – Good food for a good life
Buona vita!, meaning good life, has become the slogan of…
Read more >MOHU supports Easter redemption with increased capacity
As the holidays approach, store traffic is expected to increase,…
Read more >