Groupon localizes multiple deals per day to major markets in the United States. Offers range from coupons off food, to discounts on major surgeries, like laser eye corrective surgery.
Once a certain amount of users purchase the Groupon, the deal is activated.
Small businesses use Groupon as a way to get new clients in the door.
Although many other smaller rival services have popped up in the last year, Groupon remains the top dog in the market.
Yahoo has almost $3 billion in cash, and little debt.
Written by: Andre Yoskowitz @ 9 Nov 2010 21:31
