Groupon’s China rival Lashou plans to go ahead with an IPO. Is that the sound of a tech bubble bursting, or simply the collapse of social media? In any case Groupon's clearing a path for companies fortunate enough to deal with the “extreme growth” problem. Read more:
- Groupon’s Chinese rival reportedly prepares to go public. (Bloomberg)
- Don't hate: these are not ideal market conditions for Groupon. (Wall Street Journal)
- Has the “social media bubble” burst too? (Washington Post)
- Whatever happens, Groupon’s gaffes still offer lessons. (Portfolio.com)
- Today’s Deal: $15 for $30 Worth of Southern Italian Cuisine at Via Carducci or La Sorella ($30 Value)
