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
Historical record: an unprecedented amount of donations was collected at Tesco
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Another significant price reduction at ALDI
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Traffic at Budapest Airport temporarily halted due to heavy rain
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >
