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Mobile Accounts for More than Half of Groupon Business

  • Forbes, Thursday, October 30, 2014 2:23 PM
Groupon’s is scheduled to release its Q3 2014 earnings on October 30th. Ongoing concerns over the sustainability of the business have resulted in over 40% drop in the company’s stock price during the year. On one hand, the company is showing impressive growth and its product innovations and mobile strategy pit it strongly against competitors. But on the other hand, the lack of profitability, increased competition and reliance on a push strategy, have contributed to loss of confidence among the company’s investors.

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