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'''[[Wikipedia:Groupon|Groupon, Inc.]]''' is an American global [[e-commerce]] marketplace connecting subscribers with local merchants by offering activities, travel, goods and services in 13
'''[[Wikipedia:Groupon|Groupon, Inc.]]''' is an American global [[e-commerce]] marketplace connecting subscribers with local merchants by offering activities, travel, goods and services in 13
countries.<ref>Ebueni Francis,[https://innovation-village.com/groupon-closes-shop-south-africa-part-strategic-re-alignment/ "Groupon closes shop in South Africa as part of strategic re-alignment – Innovation Village"], innovation-village.com, 4 November 2016, Retieved 2018-02-01</ref>
countries.<ref>[https://innovation-village.com/groupon-closes-shop-south-africa-part-strategic-re-alignment/ "Groupon closes shop in South Africa as part of strategic re-alignment"] - innovation-village.com - 2016-11-04 - accessed 2025-01-30</ref>


== References ==
==Accounting scandal==
In 2011, Groupon faced coverage for giving $810 million of the acquired $946 million to early investors of the company, including the founder Andrew Mason with $28 million and co-founder Eric Lefkosky with $381 million.<ref>[https://www.forbes.com/sites/walterpavlo/2012/04/03/groupon-accounting-scandal-and-were-surprised/ "Groupon Accounting Scandal, and We're Surprised?"] - forbes.com - 2014-04-03 - accessed 2025-01-30</ref> This left $136 million for company expenses.


[[Category:Marketing companies]]
 
[[Category:Retail companies]]
==References==
<references />
[[Category:Groupon]]

Latest revision as of 23:26, 3 March 2025

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Groupon
Basic information
Founded 2008
Type Private
Industry eCommerce
Official website https://groupon.com/


Groupon, Inc. is an American global e-commerce marketplace connecting subscribers with local merchants by offering activities, travel, goods and services in 13 countries.[1]

Accounting scandal[edit | edit source]

In 2011, Groupon faced coverage for giving $810 million of the acquired $946 million to early investors of the company, including the founder Andrew Mason with $28 million and co-founder Eric Lefkosky with $381 million.[2] This left $136 million for company expenses.


References[edit | edit source]

  1. "Groupon closes shop in South Africa as part of strategic re-alignment" - innovation-village.com - 2016-11-04 - accessed 2025-01-30
  2. "Groupon Accounting Scandal, and We're Surprised?" - forbes.com - 2014-04-03 - accessed 2025-01-30