In August, 2010 Forbes magazine labelled Groupon the world’s fastest-growing corporation. That didn’t hurt the company’s valuation when it went public in November, 2011.
But after trading up for a couple of months, at the beginning of March Groupon turned down and has since lost 75% of its market capitalisation, Adam Hartung reports for Forbes.
Read why he thinks it’s time for drastic action here.
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