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Groupon (GRPN) May Increase Marketing Spending to 20% of Revs - CFO Child

November 14, 2012 12:54 PM EST
Groupon (Nasdaq: GRPN) CFO Jason Child is issuing comments today. Child said that customer growth is up 40 percent from last year. Additionally, Groupon might spend up to 20 percent of sales on marketing, which is up from 13 percent currently being spent.

Comments were made at a Morgan Stanley conference Wednesday.


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