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>> GROUPON Latest News

MAY 03, 2013 - PandoDaily

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Study: Daily deals sites are bleeding each other dry

The story of daily deals’ downfall is old news, as Groupon and LivingSocial continue to fill headlines with huge revenue losses, cash shortages, and Battletoads-themed CEO oustings. But how did companies like Groupon, at one point called “fastest growing company ever,” become the punchlines they are today? Observers cite poor management, faded novelty,...    

Tags: Study: Daily deals sites are bleeding each other dry,  Groupon Latest News