CHICAGO, IL - JUNE 10: The Groupon logo is engraved in a glass office partition in the company's international headquarters on June 10, 2011 in Chicago, Illinois. Groupon, a local e-commerce marketplace that connects merchants and consumers by offering goods and services at a discount, announced June 2 that it had filed with the Securities and Exchange Commission for a proposed initial public offering of its Class A common stock. The company, launched in Chicago in November 2008 now markets products and services in 43 countries around the world. (Photo by Scott Olson/Getty Images)
Well, you can say this much about Groupon: Regardless of what's going on with its stock the company isn't interested in maintaining the status quo. Although its rapid expansion might be the cause of many of the company's problems, the word bubbling up over the weekend is that Groupon is gearing up to launch in Thailand -- the preferred vacation spot for Chicago Mayor Rahm Emanuel -- next year.
The Next Web -- home to our very own Inc. Well contributor Alex Wilhelm -- did some excellent sleuthing and unearthed these listings on Thai Groupon Ltd.'s job board for copywriter/content developers and account executives and also speculated that "if Groupon’s hiring is indeed that advanced, then the service may roll out in early 2012."
Finally, two more Wall Street analysts have rendered their opinions on Groupon, and their judgments are par for the course: One's for it, the other's against it. Exciting stuff. Seriously, though, the most interesting stuff on Castle Groupon seems to be coming on anywhere but the analysis -- its IPO has gone from a fantasy to a reality to a thing of the past. Groupon's charting a course for the future, and that's what's more interesting at the moment.
David Wolinsky is a freelance writer and a lifelong Chicagoan. In addition to currently serving as an interviewer-writer for Adult Swim, he's also a columnist for EGM. He was the Chicago city editor for The Onion A.V. Club where he provided in-depth daily coverage of this city's bustling arts/entertainment scene for half a decade. When not playing video games for work he's thinking of dashing out to Chicago Diner, Pizano's, or Yummy Yummy. His first career aspirations were to be a game-show host.