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November 8, 2013 02:04 am GMT
Fresh from celebrating its fifth anniversary last week, Groupon today reported its Q3 earnings: it's a mixed picture but shows that Groupon continues to make good on its commitment to take its business beyond the daily deals that are its bread and butter and into a wider marketplace for location-based and mobile commerce. Groupon reported revenues of $595.1 million with EPS of $0.02, missing on sales but beating on EPS estimates, and it announced an acquisition: Korea's Ticket Monster, to build out its mobile commerce operations in Asia through event ticketing services.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/2Enl8iOZYII/
Groupon Q3 Misses On Sales Of $595.1M; Announces Acquisition Of Ticket Monster For $260M To Boost Mobile Business In Asia
Fresh from celebrating its fifth anniversary last week, Groupon today reported its Q3 earnings: it's a mixed picture but shows that Groupon continues to make good on its commitment to take its business beyond the daily deals that are its bread and butter and into a wider marketplace for location-based and mobile commerce. Groupon reported revenues of $595.1 million with EPS of $0.02, missing on sales but beating on EPS estimates, and it announced an acquisition: Korea's Ticket Monster, to build out its mobile commerce operations in Asia through event ticketing services.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/2Enl8iOZYII/
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