Groupon: Difference between revisions
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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> | 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== | ==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/</ref> This left $136 million for company expenses. | 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== | ||
<references /> | <references /> | ||
[[Category:Marketing companies]] | [[Category:Marketing companies]] | ||
[[Category:Retail companies]] | [[Category:Retail companies]] | ||