FOXBusiness.com: Groupon CFO says shared more revenue with merchants in fourth quarter

FOXBusiness.com FOX Business Network - The Power to Prosper

Groupon CFO says shared more revenue with merchants in fourth quarter Feb 27th 2013, 23:00 Groupon Inc Said it raised the percentage of revenue it shared with partner merchants in the fourth quarter, a move intended to keep and attract merchants for the Internet deals it runs, but that ate into revenue and profitability.

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