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Groupon IPO Places Them Out Front

Groupon MyCityDeal

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The Daily Deals space has grown rapidly since Groupon became popular a little over a year ago. Competitors have popped up nationally and locally to compete for small business deals in all major metropolitan areas of the country. Nationally, LivingSocial and EverSave have tried to duplicate the success of Groupon and done so successfully. The barriers to entry being so low has allowed the great competition to flourish. But the first mover and the one able to scale most rapidly will probably win out, and the Groupon initial public offering (IPO) of stock allows them to scale quickly.

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 Patrick Stevens
 533  246383  3/28/2024

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