Our Business News

Business articles & tips that will guide you.

Facebook
RSS

Groupon Inc shares fell a lot more than seven % on Tuesday on problem merchants might not operate a great deal a lot more of the company's every day deals in coming months.

Susquehanna Economic Group and everyday offer market tracking company Yipit surveyed almost four hundred merchants not too long ago about their encounters operating everyday deals with Groupon, LivingSocial and other suppliers.

An average of 8 out of 10 merchants liked operating with daily offer businesses, the study found.

However, it also discovered that fifty two % of the surveyed merchants are presently not preparing to function bargains in the subsequent six months. Nearly 24 % of the merchants intend to feature only 1 offer in the subsequent 6 months, the poll also identified.

Groupon shares were down seven.3 percent at $19.13 during morning investing on Tuesday, beneath the company's first manifeste supplying price of $20.

(Reporting by Alistair Barr, modifying by Dave Zimmerman Reuters Messaging: alistair.barr.reuters.com@reuters.internet e-mail: alistair.barr@thomsonreuters.com one 415 677 2544)

Comments are closed.

This Christmas Let G

With the fall ending the cool breeze touches your face. ...

Money Moves you Shou

After spending your college years eating cheap pizza and living ...

Tips To Keep Your Bu

In the previous year, cyber attacks have turned into an ...

The Future of Worksp

The workplace has transformed over the years, from the cubicles ...

Find Out How a Real

Buying an auction home is considered a smart way to ...

web
statistics