American Groupon sold Russian division – Interfax

Moscow. 5 May. INTERFAX.RU – specializing in the sale of goods and services with discounts US Groupon sold the business in Russia. This was announced by the acting of its CFO Brian Cayman on a teleconference for investors and analysts, write <-! Noindex -> “Vedomosti” <-! / Noindex ->. According to him, the company withdrew from Russia in April, thereby reducing the number of countries where there is a Groupon to 27.

At the present time, “Groupon Rus” is still valid, but 100% of the property acquired investment Fund, said the Russian Groupon, however, did not specify which one. The two companion publications are sure that we are talking about the fund ru-Net Leonid Boguslavsky.

Investment Director of ru-Net Alexander Pavlov confirmed “Vedomosti” that the fund bought the entire business Groupon in Russia. He did not announced the amount of the transaction, saying only that the medium-term strategy ru-Net in improving the profitability of Groupon business in Russia and to stimulate its growth through the development in the regions, investing in sales and technology department.

The fund ru-Net – it is also the principal owner of the promotional service Biglion, Groupon’s main competitor in Russia. Also at the end of last year he has become a co-investor fund Boguslavsky German service aggregator Cuponation discounts. Mr. Pavlov noted that the presence of competitors in the overall co-owner can go to them, plus, he said. it was then that the American company has acquired a controlling stake of a similar Russian service Darberry – he said, and Groupon, and Biglion must first expand the customer base and improve the service

Groupon operates in Russia since 2010.. People close to the participants of the transaction, estimated it at up to $ 50 million. In 2011, the founders Darberry Victor Lysenko Elena Masolova Alexey Chernyak, Ivan Vladimirov, Oleg Kozyrev Groupon sold the remaining stake. Groupon Officially none of these transactions are not described in detail.

According to “SPARK-Interfax”, in 2014 revenues, “Groupon Rus” was reduced by 28% to 470.3 million rubles., Net loss amounted to 256 5 million rubles .; no data for the year 2015.