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Reuters Right Now: Groupon CEO departure won't save the firm

Thursday, February 28, 2013 - 00:44

Feb. 28 - Groupon is doomed even if its gets a new CEO after Andrew Mason left , according to Reuters Breakingviews' Rob Cyran.

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Group -- fired its CEO Andrew Mason is that gonna fix the troubled company's problems now not at all. Take a look at the company's numbers the last quarter they were just awful the European operations are complete mess. They said sales next quarter gonna be worse than they were this quarter and the key market for the company deals sector the -- in their coupons. Is shrinking all these things going to be really hard to turn around and look at the person they're gonna bring into replace -- they've got their chairman. A person who's very controversial investors after leading a couple of companies that went bankrupt what the company can do instead is bringing another person and which ambitious tech executive would actually want to run Groupon and many however if they pay enough you know I'd -- county of Groupon.

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Reuters Right Now: Groupon CEO departure won't save the firm

Thursday, February 28, 2013 - 00:44