Groupon Watch: Suing Over Secrets

groupon 1025

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.
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