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| VIEW EVENT INFORMATION: Groupon |
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Groupon Lost More Than $100 Million Last Quarter – Again – As Hiring Costs Jump |
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About the organization Groupon:
Type: Business
Sub-Types: Retailing Agent, Advertising Agent, E-Commerce, Online Deal, Store, Online Store, Application Software, Telecommunication, Telecommunication Software, Event Promotion, Entertainment Promotion |
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Notable Organizations: Groupon, Techcrunch
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| Daily deals juggernaut Groupon managed to significantly slash marketing costs last quarter, but its net loss in the second quarter of this year has more than doubled compared to last year as it hired more than 1,000 new employees, according to an SEC filing published this morning. The company is still growing like gangbusters but losing money like crazy in the process.
The updated… |
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