their Groupon deal brought in new customers, and 82 of customers say they are likely to return to the merchant again. " Groupon is Effectively Insolvent: Investors beware - the company owes 230 million more than it has, appears to be burning through 100 million or more a quarter, and is using money raised from later investors to pay back early investors Website". Its recent valuation is approximately 7 billion.
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"Research on the Efficient Path for Chinese Group-Purchase Website to Cope with Crisis of Confidence." Management of e-Commerce and e-Government (ICMeCG 2011 Fifth International Conference. " Groupon Acquires Social Shopping Start-up Mertado". "The defendant incurs a serious violation of the Consumer Protection Law, violating the basic and irrevocable right, which is the right to truthful and timely information that assists every consumer said the letter. " Groupon Moves Into Restaurant Reservations With Savored Deal". In 2007 Mason launched The Point, a web platform based on the "tipping point" principle that would utilize social media to get people together to accomplish a goal. 132 The large cash payout also made Groupon technically insolvent when it filed for its IPO. Online Available at: groupon -deal-report/ Retrieved 31 Dec.