Groupon is in the WSJ news again today, "Growing Pains" story, I would say it has always had pains, the IPO was a bit of a risk, they are still losing money. But they used to lose $400 million a quarter, now they are "only" losing $37 million a quarter.
They already squeeze merchants (taking maybe half what you pay for your coupon) and now they are going to ask for even more from the merchants.
i was initially enthused with Groupon concept, but never did actually buy a coupon, and now I don't even look at the daily deal anymore. Maybe it is just me, but don't we see clones everywhere now? I wonder how this will all play out. Anyone have comments, or experience using the coupons ?
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