Tuesday, 17 November 2015

Groupon Closed its Operations in Nordic Countries


E-Commerce Gaint Groupon discontinues its operations in Nordic Countries Finland,Sweden and Norway as of November 16 2015.As Business is declined for Months The decision has been taken.After Exiting International Markets like Morocco,Taiwan,The Philippines,Thailand,Panama,Puerto Rico and Urugway Recently in September they laid off 1,100 employees also.

They Ensure all the Commitments are met by working closely with merchants and customers.Groupon also quits local businesses in Greece and Turkey.The American the daily deals and local ecommerce platform sold its stakes in Groupon and Ticket Monster.

GROUPON
After the Successful market in his own country United States earlier Groupon expanded his operations in Europe and it was a huge success.It is acquired by Rocket Internet in Europe the business was flourished in almost Dozen of European Countries.

Groupon is changing its business operations strategies and want to emerge itself as Local commerce in daily deals Market. In US the company is performing well consistently during the course of time but in international market their business is declining.

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