View Single Post
Old 02-16-2011, 12:10 AM  
emjay
Confirmed User
 
emjay's Avatar
 
Join Date: Dec 2004
Location: Back in Blighty
Posts: 4,277
Quote:
Originally Posted by Ron Bennett View Post
Groupon is very expensive for merchants who, in essence, not only have to cover the discount they're offering, but also must send Groupon a cut of that ... a double whammy.

Ron
They don't need to, it's the other way round since Groupon collect the money. I Still can't quite believe that they turned down $6bn from Google, who will probably moving into the social group buying space anyway.
__________________
I Run 500+ WhatsApp Groups. The Zuck Owns Me
www.emjayconsultancy.com
emjay is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote