Groupon Names Amazon Exec New CFO
NEW YORK (
) --
Groupon
has named a former
Amazon
(AMZN) - Get Report
executive as its chief financial officer, the high-flying daily deals company anounced Monday.
Jason Child, formerly the vice president of international business for Amazon, will move to Chicago, where Groupon is based.
|
Earlier this month, Groupon
rejected a $6 billion buyout
from
(GOOG) - Get Report
. The company, which offers discounts on restaurants, spas and other consumer services in more than 300 cities, is expected to generate revenue of around $800 million, according to reports.
Child's hiring could be a sign that Groupon is considering a near-term IPO.
Amazon recently invested
$175 million in LivingSocial
, Groupon's biggest rival.
--Written by Olivia Oran in New York.
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