The daily deal leader’s IPO presentation shows it plans to reduce commissions significantly via its Groupon Now! service.
Restaurant operators won’t be part of the action when the stock of daily deal giant Groupon starts trading on Friday, Nov. 4. But they might want to take a look at the company’s new Groupon Now! service, which costs less and gives operators more control than traditional Groupon deals. Groupon was thought to be worth $20 billion earlier this year. Now expectations are that this lofty valuation will have been cut in half by the time the company’s stock goes public. The reason: Potential ...
Register to view this article
Why Register for FREE?
Registering for Premium Content on Restaurant Hospitality will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick.