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October 22, 2011 12:20 am GMT
Groupon has taken a lot of heat over the last six months, some of it deserved, some of it perhaps a bit excessive. There are definitely legitimate concerns about Groupon's value for small businesses and merchants, but lofty valuations aside, we have to remember that Groupon is still a young company, and the future remains unwritten. Now, while Andrew Mason wearing a suit and a tie while pitching to potential investors is enough to make anyone nervous, the daily deals behemoth has taken some positive steps of late, namely its closing of the redemption loop with Groupon Rewards. Read Erick's analysis here.That being said, is it all sunshine and moonbeams for Groupon at present? It's enormous valuation might lead one to see it as such, but the company shared its Q3 stats today, which were buried in its updated SEC filing.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/lOdYFvfErVQ/
Groupons Quarterly Growth Slows To 9 Percent, But Operating Losses Cut To Almost Zero
Groupon has taken a lot of heat over the last six months, some of it deserved, some of it perhaps a bit excessive. There are definitely legitimate concerns about Groupon's value for small businesses and merchants, but lofty valuations aside, we have to remember that Groupon is still a young company, and the future remains unwritten. Now, while Andrew Mason wearing a suit and a tie while pitching to potential investors is enough to make anyone nervous, the daily deals behemoth has taken some positive steps of late, namely its closing of the redemption loop with Groupon Rewards. Read Erick's analysis here.That being said, is it all sunshine and moonbeams for Groupon at present? It's enormous valuation might lead one to see it as such, but the company shared its Q3 stats today, which were buried in its updated SEC filing.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/lOdYFvfErVQ/
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