Groupon: Difference between revisions
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{{InfoboxCompany | |||
| Name = Groupon | |||
| Type = Private | |||
| Founded = 2008 | |||
| Industry = eCommerce | |||
| Official Website = https://groupon.com/ | |||
| Logo = Groupon.png | |||
}} | |||
'''[[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>[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> | |||
==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. | |||
==References== | |||
<references /> | |||
[[Category:Groupon]] | |||