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Groupon CEO Andrew Mason said nearly of North American transactions in July were completed on mobile devices, up from percent in December. Additionally, the average customer on mobile spends about percent more than a customer on the desktop. Mason, who is known for being a funny guy, was dead serious in claiming that the local deals company has the largest percentage of transactions occurring on mobile devices of any major at least that they know about.

But if you ask Wall Street mobile efforts are worth practically nothing.
Groupon’s stock hit a new low this week after plummeting about which is about two times the amount of cash it has on hand, or nearly half what Google offered to buy it for late last year.
With larger questions about growth prospects being asked hard to pay attention to any possible bright spots on the horizon.
Countless companies, from eBay and Amazon to much smaller firms, are trying hard to crack both social and mobile commerce. So, if Groupon does indeed have one of the biggest leads in mobile, what does it mean
The falling stock price takes into consideration all of Groupon’s baggage, a load that would rack up substantial extra charges at an airline counter. The most recent concern is that the majority of the company growth.