Posts: 101
Name: Hanmore Jemimah the Fourth
Location: the front line
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I sometimes notice consumer trends and stuff like that, relating to the field as a whole or two arbitrary segments, often unrelated ones, other than belonging to the overall technology sector of commerce.
GROUPON - that's today's news. Through the social networking fad combined with recession's impact on middle class salaries GROUPON is seeing a rise in uptake and in advertising exposure and success.
This is today's tidbit of interesting financially nonworthless information. As for whether my opinion is that groupon is a load of something random and written, ultimately, in asterisks, you wouldn't win an award for assuming that to be so, but it never altered where the buck stops in this human aeon.
The background
http://en.wikipedia.org/wiki/index.html?curid=23679260
Quote:
Groupon, which recently rejected an offer of 5.3 billion U.S. dollars of Google, has a rate of 2 billion U.S. dollars in annual revenue – a figure that has been circulating a lot of press lately technology. On the contrary, has a 800 million U.S. dollars the gross annual income execution.
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Google appears to agree with me.
Last edited by CannonFodder; 01-10-2011 at 10:42 AM..
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