Groupon wants China

What’s next for Groupon after rejecting Google’s $6 billion mouth-watering offer? ‘More expansion’ is the answer. Groupon has recently acquired 3 group-buying sites based in Singapore and Taiwan and is looking to expand to larger markets in Asia. “We’ll continue to expand geographically and on the subscriber front,” Rob Solomon, Groupon president and chief operating […]

Walmart Follows Groupon Model On Facebook

Walmart recently introduced a new feature on its Facebook fanpage, called the Crowdsaver. This new Walmart’s Facebook initiative basically follows Groupon’s model. For example, Walmart will slash the price of its Plasma TV by 18 percent if there were more than 5,000 fans ‘liking’ the deal. So far, the idea seems to be working well. […]

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