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
We buy specialty foods by the hundreds of thousands
Kifli.hu is introducing an intelligent search engine for those following…
Read more >12,358 people in need can live well from the food collected by Tesco and its customers in two days
Compared to last year, 100 tons more donations were received…
Read more >“A paw in trouble!” – tens of thousands join forces for shelter animals
The joint pet food collection campaign of SPAR Hungary and…
Read more >