Is Groupon publicly traded?
Initial public offering On June 2, 2011, Groupon filed to go public under the ticker symbol GRPN. The company went public on November 4, 2011. It was the biggest IPO by an Internet company since Google in 2004.
Why is Groupon stock falling?
It’s been a bad couple of weeks for Groupon. On Aug. 5, the company reported disappointing earnings results, with sales falling 33% in the recent quarter. The CMA has been investigating the company for possible violations to consumer protection law in the U.K. since April 2021.
Is Groupon stock overvalued?
Although Groupon continues to outperform analyst expectations on earnings, the stock still trades at a steep price-earnings ratio of 86.74. Therefore, although the GRPN shares seem overvalued, its recent decline in the stock price could be an opportunity to buy.
Who is Groupons competitor?
LivingSocial is Groupon’s main competitor, and they serve in 26 cities across the U.S. and have received about $44M in funding. LivingSocial’s model is somewhat different from Groupon’s, as there is no minimum number of people needed to make the deal valid.
Who is CEO of Groupon?
Aaron Cooper (Mar 25, 2020–)
Groupon/CEO
Aaron Cooper is the Interim CEO at Groupon, an online marketplace with around 4,000 employees globally. Prior to that he had worked in several other roles at Groupon including president of North America, Chief Marketing Officer, head of Global Travel, Head of North America Services and Head of North America Goods.
What has replaced Groupon in South Africa?
DealZone | Enjoy all the Daily Deals in South Africa, IN ONE PLACE.
How much does the CEO of Groupon make?
Compensation by Company
| Name And Title | Total Cash | Other |
|---|---|---|
| Steve Krenzer Former Chief Operating Officer | Total Cash $283,265 | Other $763,107 |
| Melissa Thomas Chief Financial Officer | Total Cash $1,757,158 | Other $10,860 |
| Aaron Cooper Interim Chief Executive Officer | Total Cash $1,465,574 | Other $11,070 |
Why was Andrew Mason fired?
“I was fired today,” Mason wrote in a letter to employees. “If you’re wondering why … you haven’t been paying attention.” He cited the company’s controversial accounting techniques, its failure to meet its own financial projections, and its deep and dramatic stock decline.
Is there another company like Groupon?
LivingSocial. LivingSocial is the second-largest daily deals site after Groupon, and the most similar to Groupon. And like Groupon, it also has instant deals.