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Posts Tagged ‘ Andrew Mason ’

Lack of merchant focus tripped up Indian group buying sites: Groupon India CEO Ankur Warikoo

Tuesday, March 26, 2013 | More »

Founded by Andrew Mason in 2008, Groupon created a niche as a group buying site. Although copycats jumped in, the early mover was one among the slew of high interest internet IPOs in the US two years ago. Then it all came crashing down. Today, the company is valued some one-fourth of its original ma...


Just ousted Groupon CEO Andrew Mason was in India three weeks ago, had lunch with team

Just two weeks before he was sacked for the company’s perpetual poor performance, Groupon founder and former CEO Andrew Mason was in India on a trip to the company’s offices in Delhi. India was the third stop of Mason’s 11-country tour of Groupon’s international markets, sources close to th...

7 March, 2013 | More »


A trimmer, sharper Groupon seen in the post-Mason era

Groupon Inc under a new chief executive should look a lot trimmer with a sharply reduced international arm, a more focused business – and minus its large and once internally celebrated editorial staff, analysts and investors say. The exit of co-founder and CEO Andrew Mason – fired after...

4 March, 2013 | More »


Groupon fires CEO, Mason admits ‘failure’ in candid memo

Groupon Inc  fired Andrew Mason as chief executive officer on Thursday, ousting a co-founder who captured headlines with his quirky style but failed to reverse a crumbling share price or stop a gradual erosion of its main daily deals business. The leader in Internet daily deals launched a search fo...

1 March, 2013 | More »