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Originally Posted by sec304
UPDATE: got my refund, dealfind was very easy to deal with.
^^ I think this fad will decline, but won't go away, it'll soon just be gyms and nail salons and the occasion restaurant $20 for $40 of food...
I think the services one's (maid cleaning, landscaping, car detailing, oil changes, etc)are learning the hard way about giving one thousand deals over a weekend
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Thanks for the update on the refund. I'm glad it worked out for you.
Based on their IPO filing, Groupon is losing $117 million per quarter and only has $208 million in cash. Their profitability is based on them growing. If their volume goes down, they will cease to exist.
It will be interesting to see what happens with them.