Groupon Is a Local Business Engine, Says Embattled CEO Andrew Mason

In an on-stage interview in San Francisco in which he declined to address questions about whether he would stay on as Groupon CEO, co-founder Andrew Mason described his company as a local business engine that will build shareholder value over the long term.

“We think of ourselves primarily as a local e-commerce company. We aim to achieve the kind of revolution that Amazon did, but only for local businesses,” Mason said.

Groupon doesn’t worry about competitors in the mercurial