Groupon, a deal-of-the-day website, which recently announced its financial results for its fourth quarter ended December 31, 2011 with the revenue of $506.5 million up by 194% YOY is seeking the different areas beyond which its core business dealt in, WSJ reports.
“When a chief executive says he needs to instill “a different type of behavior” in his customers, that probably means they aren’t buying. That is a problem confronting Groupon CEO Andrew Mason as he seeks to move his company beyond its core business pushing deals to email inboxes. To shift focus away from that slowing core business, Groupon highlighted a …”
The deal website company recently seen launching its Thailand wing with the Groupon Thailand goes live – the company from time to time is looking out the additional way through which it confronts the problems like the customers who aren’t buying the deals from the side and more need to be resolved.
