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Look out bellow, Groupon...


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2011 Jun 2, 5:27am   14,797 views  44 comments

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Reporting a 400 million lost on 700 million in revenue in 2010.
Somebody get me a plunger, someone flushing Groupons again.

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41   AdamCarollaFan   2011 Dec 14, 7:36am  

tony manero says:

"If I need to know that a restaurant is so shabby and repulsive that it needs to give half off deals to get people to slurp their swill, I check out the GRoupon listings and then call the health department and tip them off."

comedy!

42   MisdemeanorRebel   2015 Aug 10, 6:35pm  

Well, November 2011: Groupon IPOs in the mid $20s.

August 2015: Group is trading around $4. Just announced higher than expected losses (again) for Q2.

43   zzyzzx   2015 Aug 10, 6:52pm  

I have never bought a Groupon, and don't intend to.

44   Shaman   2015 Aug 10, 7:32pm  

Businesses that do groupons don't get 50% of the usual price, they get 25% because Groupon takes half. When you're selling for 75% off that's a "going out of business" sale. The successful restaurants Never ever do this.

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