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:
- 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.