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Old 02-16-2011, 04:43 AM  
Ron Bennett
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Join Date: Oct 2003
Posts: 1,653
Quote:
Originally Posted by emjay View Post
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.
The merchant has to further lower their price (well unless they plan to pull a FTD stunt) to cover Groupon's cut of the coupon. The merchant is paying.

Ron
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