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back to article Groupon pops corks: Happy CEO, sales and shares up, profit... oh

Groupon has named co-founder Eric Lefkofsky as the next chief exec at the same time as announcing better-than-expected revenues in this year's second quarter, sending shares shooting up 25 per cent. This is despite making a $7.6m loss during those three months, whereas it made a profit of $28.4m the same period last year. The …

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Holmes

Thought they'd gone to the wall

Didn't realise that they were still in business - haven't seen one of their online adverts for a long time now.

Anyone here use them?

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FAIL

Re: Thought they'd gone to the wall

I used them a couple of times for restaurant deals where I didn't think what I got was worth what they claimed it was. Then I used them for some rugby tickets - got screwed over because they sent me a duff redemption code and their support was closed for a week over New Year. Never again.

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Iceberg ahead

All hail Eric Lefkofsky the new deck chair re-arranger!

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I must admit that when I read "groupon pops" I expected the following word to be "clogs" rather than "corks"...

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