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Tuesday, 17 November 2015

Groupon’s Global Closures Continue, With Sweden, Denmark, Norway And Finland All Shut Down

CHICAGO, IL - NOVEMBER 30: A sign marks the location of the Groupon headquarters on November 30, 2010 in Chicago, Illinois. Rumors are circulating that Google is close to reaching a deal to buy Groupon for a reported $5.3 billion. (Photo by Scott Olson/Getty Images) Yet more news of closures at Groupon, the daily deals and local commerce platform. TechCrunch has learned and confirmed that the company has ceased operations immediately in four more countries, all in Europe, where its business has been in decline: Sweden, Denmark, Norway and Finland. The news comes amid a difficult period at Groupon, which has laid off 1,100 employees, exited several… Read More

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