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Andrew Mason was ousted Thursday as CEO of Groupon Inc. amid worries about its financial performance and potential for growth. Here are some biographical details on him:
Groupon Inc. founder Andrew Mason sent a memo to employees after he was fired Thursday. Here's the text of his letter:
Now that Groupon has gotten rid of its quirky founder and CEO, the chief question is whether the company's underlying online deals business is promising enough to reverse its falling stock price, declining revenue growth and waning consumer interest.
Groupon Inc. founder Andrew Mason sent a memo to employees after he was fired Thursday. Here's the text of his letter:
Andrew Mason was ousted Thursday as CEO of Groupon Inc. amid worries about its financial performance and potential for growth. Here are some biographical details on him:
Struggling online deals pioneer Groupon has fired its quirky founder and CEO, Andrew Mason, amid worries that people are tiring of the restaurant, spa and Botox deals that Groupon built its business on.
Struggling online deals pioneer Groupon said Thursday that it ousted founder and CEO Andrew Mason amid worries that people are tiring of the myriad of online restaurant, spa and Botox deals that Groupon built its business on.
Groupon's stock is sinking after the online deals company delivered a less-than stellar revenue guidance for the current quarter, renewing worries about the sustainability of its business model.
Groupon has halted gun-related promotions such as deals for shooting ranges and concealed weapons courses in the wake of last month's massacre in Newtown, Conn.
Shares of Groupon Inc. added more than 10 percent Tuesday after a hedge fund said it bought a 9.9 percent stake in the battered online deals company.
Shares of Groupon are up in after-hours trading after a hedge fund disclosed it bought a 9.9 stake in the online deals company.
Shares of Groupon are up in after-hours trading after a hedge fund disclosed it bought a 9.9 stake in the online deals company.
After an election campaign that featured jobs as a central issue, some of the nation's businesses have responded to President Obama's victory with a series of layoff announcements related to a variety of factors including the New Year's "fiscal cliff."
Groupon Inc., the No. 1 online deals service, failed to show investors on Thursday that its business is growing as quickly as they would like, as it was hurt by what it called "continued challenges" from the economic weakness in Europe.
Groupon Inc., the No. 1 online deals service, failed to show investors on Thursday that its business is growing as quickly as they would like, as it was hurt by what it called "continued challenges" from the economic weakness in Europe.
