Groupon again with big loss in 2011
As I have already reported about Groupon (a rebate-based shopping site) to go Wall Street,
and stated that Groupon might become one of the bubbles of the internet business, my fears
have partly been confirmed. Groupon has made a total loss of 351 million $. The owner of
Groupon blames international expansion investions for the high operational loss.
While Analysts have expected a small surplus on the revenue after EBIDTA there was a loss again in Q4 2011: 43 million $
This said, the stock shares dropped back to 21 $ (-14%)
See my other blog for the initial watch on Groupon
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