NEW YORK (AP) — Now that Groupon has gotten rid of its quirky founder and CEO, the chief question is whether the company’s underlying online deals business is promising enough to reverse its falling stock price, declining revenue growth and waning consumer interest.
Groupon Inc. fired Andrew Mason on Thursday, one day after the company reported another disappointing quarter amid worries that people are tiring of the restaurant, spa and Botox deals that Groupon built its business on.
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