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Groupon Watch: Suing Over Secrets

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    NEWSLETTERS

    Groupon is suing two of its sales managers for taking its information to Google (details below).

    In other news, the company’s Chinese venture, Gaopeng, has posted a $46 million loss, in a move Business Insider calls a “flaming train wreck.”

    Also, as news of Groupon’s lowered valuation spreads, someone had to do it: a fake Groupon for Groupon shares. Read more:

    • Groupon sues former employees. (Bloomberg)

    • China venture posts $46 million loss. (Business Insider)

    • Another Amazon.bomb? Not so fast. (New York Times)

    • It was only a matter of time: a fake Groupon for Groupon. (New York Times)

    • Today’s Deal: $Two Lipo-Ex Weight-Loss Treatments (Up to 63% Off). Two Options Available.