Groupon Loss, Shares Slide

Groupon has disappointed investors with a loss in its first financial results since it became a public company, hitting its share price. But CEO Andrew Mason remained bullish: “We’re very excited about what we’re building.”Groupon reported December quarter revenues of US$506.5m, above the US$475m analysts were expecting, but reported a net loss of $42.7m. See Financial Times story.

 

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