Groupon's stock exchange listing delays

By: trademagazin Date: 2011. 08. 11. 12:40

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.

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