Groupon in the second quarter net loss of $7 million 600 thousand (Tencent technology plan)
Tencent Francisco (Yue Tong) Beijing on August 8th news, according to foreign media reports, the world’s largest group purchase website Groupon (NASDAQ: GPRN) today announced the company as of June 30th of the 2013 second quarter earnings. Groupon reported a second quarter revenue reached $608 million 700 thousand, an increase of 7% over the same period last year, $568 million 300 thousand; a net loss of $7 million 600 thousand, a net profit of $28 million 370 thousand for the same period last year. The performance is slightly higher than Wall Street analysts expected, Groupon presented the day after hours stock price rose sharply momentum.
Groupon CEO Eric · Leif C Fuss Ki (Eric Lefkofsky) said this: "our second quarter operating profit significantly exceeded expectations, and we also released the best quarterly performance in North American history. I was CEO for only two quarters, and I was very satisfied with the company’s progress in such a short period of time. We will continue to force the mobile business. In June of this year, about 50% of all transactions in North America came from mobile. So far, the world has about 50000000 users to download the Groupon application."
Groupon also announced today that the board of directors has appointed Leif C Fuss Ki as chief executive officer, while Ted · (Ted), chairman of the board of directors of (Leonsis). In this regard, Lieaoxisi said: "the board of directors of the company are encouraged to take Groupon under the leadership of Eli Fraanco Fuss Ki’s performance, he has agreed to an important stage in the development of the company to lead the company, we feel very happy."
second quarter results:
*Groupon in the second quarter revenue of $608 million 700 thousand, an increase of 7% over last year’s $568 million 300 thousand, also slightly higher than Wall Street analysts expected $606 million; one from the North American business revenue was $377 million, an increase of 45% over the same period last year, $260 million; from Europe, the Middle East and Africa (EMEA) revenue of $160 million 24.4%, the decline over the same period last year, $212 million; from other world market revenue of $71 million 600 thousand, down 25.9% over the same period last year, $96 million 600 thousand.
*Groupon in the second quarter of the global gross billing revenue reached $1 billion 410 million, an increase of $1 billion 287 million over the same period last year, $9.9%. Groupon second quarter North American business gross revenue reached $712 million, compared with the same period last year 5.4>