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Revision as of 23:26, 3 March 2025
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| Basic information | |
|---|---|
| Founded | 2008 |
| Legal structure | 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
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
- ↑ "Groupon closes shop in South Africa as part of strategic re-alignment" - innovation-village.com - 2016-11-04 - accessed 2025-01-30
- ↑ "Groupon Accounting Scandal, and We're Surprised?" - forbes.com - 2014-04-03 - accessed 2025-01-30