GroupOn Financial Trouble: Daily Deal Titan Is Loosing The Grip Over Market [INFOGRAPHIC]

Must Read

The Grim Reality Of Indian Startups: Only 12% Left With Cash Runway of Less Than One Month!

Previously, in the month of April when the lockdown was still in effect, Dazeinfo reported how the...

India-China Tussle May Result In Massive Job Losses

The Sino-Indian border dispute has been a hot topic in Indian news and media ever since it...

Upskilling Is Mandatory As 72% Companies Have More Than 25% Roles At Risk!

The COVID-19 pandemic has led to businesses around the world facing unprecedented amounts of disruption and change....

The gory of daily-deal business is just fading away and now the business titan GroupOn is also suffering due to declined share valuation, irregularities in finance and losses. The much hyped IPO of GroupOn, which went crazy at the time of launch, is turning out to be a little disappointing for investors and market. Stock prices are plunging, merchants are pulling back from offering coupons based business, refund amount is mounting up and SEC is again evalating the first financial year result after GroupOn IPO went live.

With all hue and cry, BusinessInsuranceQuote has released an infographic which highlights the troubles and issues with GroupOn as business, finance and market valuation. It covers many important but disappointing facts about GroupOn which could prove an important aspect for their further plan on ivestment over GroupOn.

The highlights of infographic are:

Advertisements
  • Share has plunged 17% since the launch of GroupOn IPO.
  • The business model of daily-deal giant is quite controversial.
  • Merchants are turning their back towards GroupOn coupons.
  • The refund amount is mounting up.

 

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

Qualcomm Ventures Invests In Jio: A Masterstroke To Dominate 5G Market In India!

If you thought Reliance’s hot streak of selling stakes in Jio Platforms was over after 12 deals...

The Success Of TikTok Alternative Apps May Be Short-Lived [STUDY]

After the Indian Government, in a bid to take a stance against China, banned TikTok and 58 other Chinese apps, the popular...

India’s Flourishing Gaming Sector: What’s Driving The Growth!

The Indian gaming market is one of the fastest-growing gaming markets in the world. In 2019, the number of gamers in the...

Employee App: Companies Must Have To Thrive In The New Normal

With all the advancements in technology, managers and business owners seem to be taking note. Far too many believe that traditional methods...

India-China Tussle May Result In Massive Job Losses

The Sino-Indian border dispute has been a hot topic in Indian news and media ever since it escalated to unprecedented levels back...

Apple iPhone Has A Serious Technical Issue That Is Annoying Users!

Apple aficionados beware! It is recently learned that iPhone devices have an extremely annoying problem and Apple has confirmed it.

In-Depth: Dprime

Will The Online Food Delivery Market in India End Up Becoming A Two-Horse Race?

It's pretty much evident that the food delivery space in India is all set to get riled up soon enough as one...

Fantastic 4: Four Day Work Week A Flashpoint Of Innovation?

It has been an idea that has been mooted by many, perhaps also somewhat sceptically. From being a dark horse to becoming...

TikTok Is Facing The Wrath Of People Who Love It The Most

Ever since the popular social media app TikTok entered India, it has been growing very aggressively in terms of users. Within a...

More Articles Like This