Andrew Mason

Globe and MailGroupon makes first profit, shares surgeReutersBy Alistair Barr | SAN FRANCISCO (Reuters) - Groupon Inc posted its first quarterly profit by reining in marketing spending and signing up more customers and merchants, sending its stock about 18 percent higher. The fledgling company started by music ...Groupon reports smaller 1Q loss, higher revenueBusinessWeekOn the Call: Groupon CEO Andrew MasonABC NewsWatch Out for Groupon's Stock BounceWall Street JournalWashington Post...Read Full Story

Groupon's only been around for three years, and yet the young company is already valued at billions of dollars. Why? Well, mostly because of one man: CEO Andrew Mason -- the 13th person on AskMen's Top 49 Most Influential list of 2011.Employing over 3,000 people and based out of Chicago, Groupon has had a rough road in its attempt to go public. But that didn't stop Google from trying to buy the company for $6 billion. Yet, Mason turned that offer down. In its annual rundown of the 49 Most...Read Full Story

Andrew Mason, co-founder and CEO of Groupon, says the company wants to build an ‘Operating System for Local Commerce’ in a letter to stockholders that was just filed with the...Read Full Story

Rocky Agarwal has to be feeling pretty vindicated right about now. He has been blogging about Groupon and its business model, screaming that it has more holes than swiss cheese for almost 18 months. A report in the Wall Street Journal suggests that the Securities & Exchange Commission is looking into the company’s recent actions and that may lead to an investigation. Groupon recently revised its very first set of financial results. The Journal reports: The regulator’s probe into the popular...Read Full Story

Groupon CEO Andrew Mason just finished his first post-IPO earnings calls with Wall Street analysts. (We covered it live and looked at the numbers). “We believe we are on the cusp of a sea change” in behavior, he noted. “We’re about to see what technology can do for local commerce.” Listening to the call, I’d say his performance was mixed. He sounded a little nervous at first, but warmed up to the task just as he did during the IPO roadshow, joking with the analysts that one of the most...Read Full Story