Groupon’s Global Closures Continue, With Sweden, Denmark, Norway And Finland All Shut Down
- 8 years ago
Yet more news of closures at Groupon , the daily deals and local commerce platform.
The news comes amid a difficult period at Groupon, which has laid off 1,100 employees, exited several other markets , missed on earnings and changed CEOs - all in the last couple of months.
"As we continue our operational and strategic focus to simplify and streamline our international business, we are assessing our international portfolio to determine which assets can contribute to our long-term vision of aggressive, profitable growth," said a spokesperson in an emailed statement.
The news comes amid a difficult period at Groupon, which has laid off 1,100 employees, exited several other markets , missed on earnings and changed CEOs - all in the last couple of months.
"As we continue our operational and strategic focus to simplify and streamline our international business, we are assessing our international portfolio to determine which assets can contribute to our long-term vision of aggressive, profitable growth," said a spokesperson in an emailed statement.