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I can give you an anecdote as an answer Here in Israel, there are dozens of Groupon clones, which are extremely popular. But Groupon isn't here yet. It's a la
by tomerico 16y ago
I can give you an anecdote as an answer
Here in Israel, there are dozens of Groupon clones, which are extremely popular. But Groupon isn't here yet.
It's a land grab game, and in this business, growing fast matters.
- c2 16y agoGood point. I guess the thing I would caution about is expanding fast vs. executing well. Hopefully they learn the lessons in the Yandex vs. Google and Amazon/Ebay vs. Tao Bao fights. Facebook did execute on a very successful international strategy - but from my understanding they didn't need a billion dollars to do it. GroupOn's economics might be different - time will tell.