- ITG says its checks indicate Groupon's (GRPN -3.9%) Q3 U.S. growth has slowed considerably, and that gross billings growth has turned negative.
- Strong North American numbers were the main reason for the market's euphoric response to Groupon's Q2 results. The company's Q2 NA revenue (62% of total revenue) rose 45% Y/Y, and its billings 30%. That more than offset continued weakness in Groupon's international ops.
Groupon slumps on downbeat ITG Research note
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at Benzinga.com (Feb 26, 2015)
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