Watch The Groupon CFO Defend The Company On CNBC

Groupon CFO Jason Child was on CNBC facing one his harsher critics in Jim Cramer.

Some of the key points he made:

  • He says revenue per customer has been increasing ever since Groupon launched.
  • Groupon is spending $700 million per year, and nearly break even. Child doesn’t think it will need to spend more on marketing because at $700 million annually, it’s plenty to grow going forward.
  • Cramer thought Groupon wasn’t selling enough stock. Child said that floating $805 million, is sizable.
  • Groupon’s big base of customers and merchants is its killer advantage.

Here’s the the video:

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