Since Groupon ousted CEO Andrew Mason, the stock has been up ~23%. After its earnings report, the stock popped 10%. There are still significant challenges for Groupon, but its North American business appears to be doing pretty well. Its international business is a mess.
This uptick in the mobile business is encouraging. It shows that Groupon has a chance to move towards a new e-commerce model for the next group of Internet users.
Business Insider |