consumers saved money Merchants benefits both large scale sales and market exposure Concept grew into daily deals service that relied on the power of groups, Groupon Launched first deal October 2008. Worth over US$1 billion just after 16 months in business By 2010, Groupon served over 150 markets in North America, 100 in Europe, Asia and South America I. Current Situation Current Performance Dec 31, 2013 gross profit 1,501,533 (Yahoo Finance) Number one in market share 37 out of 48 countries 2012…
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