Filed under: Company News, Technology, Retail
Groupon's (GRPN) IPO was a rousing success, but its business model still may be an endangered species. Facebook, restaurant reviews website Yelp, and dining reservations leader OpenTable (OPEN) have all bowed out of selling prepaid vouchers for area merchants at steep discounts in recent weeks. Google (GOOG) isn't abandoning its efforts to reach out directly to local establishments, but it has recently decided to also aggregate offerings from more than a dozen flash sale specialists. The...Why Is Everybody Hopping Off the Groupon Bandwagon? originally appeared on DailyFinance.com on 2011-11-10T11:00:00Z.
Permalink | Email this | Comments
Sent with Reeder
No comments:
Post a Comment