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Deal or no deal? Groupon under pressure

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Deal or no deal? Groupon under pressure

E
euronews (in English)

10 Views • Aug 14, 2012

Description

Shares of Groupon slumped over 20 percent on Tuesday after its quarterly revenue came in lower than expected and it gave a cautious profit outlook.

The company - which offers big daily discounts on local retailers' services to millions of online subscribers - partly blamed the weak European economy.

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http://www.euronews.net/