A major steal for Groupon: after roughly 12 years at Amazon, Jason Child is joining the red hot social commerce startup as chief financial officer.
Child was most recently Vice President of Finance for Amazon.com’s $14 billion International business.
Previously, Jason held key finance leadership roles for Amazon in Germany and Japan, also serving in Investor Relations, Technology, Marketing and as Worldwide Corporate Controller.
Prior to Amazon, he spent more than seven years at Arthur Andersen where he was a CPA and Consulting Manager.
Here’s Child’s comment on his move:
“Groupon is one of the most amazing businesses I have ever seen. I am thrilled to join a great team that is attacking one of the biggest opportunities in e-commerce today.”
Child and his family have relocated from Seattle to Chicago, where Groupon is based.
Groupon of course just spurned a $6 billion buy-out offer from Google, which means they’re likely to go for a home run and turn to the public markets in the near future.
The recruitment of a seasoned exec like Child further solidifies these predictions.
Bloomberg recently reported that Groupon may, however, raise more funding before taking the IPO route, seeking several hundreds of millions of dollars in financing that would value the company at south of $6 billion.
Groupon features a daily deal on the best stuff to do, see, eat, and buy in more than 565 cities around the world. By promising businesses a minimum number of customers, Groupon can offer deals that aren’t available elsewhere. Groupon brings buyers and sellers together in a fun and collaborative way that offers the consumer an unbeatable deal, and businesses a large number of new customers. To date, it has saved consumers more than $300 million and claims it...
Amazon.com, Inc. (AMZN), is a leading global Internet company and one of the most trafficked Internet retail destinations worldwide. Amazon is one of the first companies to sell products deep into the long tail by housing them in numerous warehouses and distributing products from many partner companies. Amazon directly sells or acts as a platform for the sale of a broad range of products. These include books, music, videos, consumer electronics, clothing and household products. The majority of Amazon’s...
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