Deals and coupon company, Groupon, is finally seeing a glimmer of light at end of a year long dark tunnel.
Stocks seem to make a steady upward gain, including a 27% jump this past Thursday from better-than-expected sales this quarter.
Groupon's apparent turn-around comes from the announcement of it's repurchasing of stocks and it's expansion into the mobile space. Mobile usage of Groupon is a growing trend for the company. Starting off as a web-based business, it's mobile transactions now account for 50% of all North American sales made in June.
Going public last year in November of 2012, the company saw tremendous success that was short lived as Groupon's value feel a whooping 90%. Their continuous effort to keep pushing and reinventing themselves is returning with positive progress... but will this be another short-lived success?
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