Another analyst jumps off the Groupon-love bandwagon but has some pretty solid numbers to back up her reasoning.
Groupon has fallen to No. 12 from a prior No. 8 standing in China.
And the Groupon Now app is failing, mainly due to technology issues, according to Yipit data.
Read more:
- Groupon a put-on? This analyst thinks so. (Forbes)
- Groupon client Seviche takes off in the middle of IPO roadshow. (Reuters)
- No. 12 in China. (Business Insider)
- Data shows that Groupon Now app is not faring well. (VentureBeat)
- Today’s Deal: $37 One-Way or Roundtrip Service to Midway Airport or O'Hare Airport from Chicago Limo Net (53% Off)
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