Andrew Mason

CEO Andrew Mason Out at Groupon After Stock Plummets

Andrew Mason has been ousted as CEO of Groupon, the company announced just after the markets closed on Thursday. Mason will be replaced by the newly created Office of the Chief Executive while a successor is sought.

What Groupon Will Do With That Extra $950 Million

Word is bubbling up that Groupon is about to close a $950 million funding round. But the company is already the global group buying leader and is growing much faster than its competitors, so why does it need so much money? For world domination, of course ... and here's how it's likely to play out.