Groupon shares plunge after posting disappointing financial results
http://money.cnn.com/2012/02/08/technology/groupon_earnings/index.htm?section=money_topstories&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fmoney_topstories+%28Top+Stories%29
I find that their business model is not sustainable, as they are not offering real value to their merchants based on their current business model. There is the hope that they can find an alternative and better model.
If you were the CEO of Groupon, what will you do?
http://money.cnn.com/2012/02/08/technology/groupon_earnings/index.htm?section=money_topstories&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fmoney_topstories+%28Top+Stories%29
I find that their business model is not sustainable, as they are not offering real value to their merchants based on their current business model. There is the hope that they can find an alternative and better model.
If you were the CEO of Groupon, what will you do?
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