Groupo says leading rivals are getting bigger

Source: Internet
Author: User
Keywords Advantage competitor
"Sadie Web News" Beijing time August 27, according to foreign media reports, the United States Group purchase website Groupon CEO Andrewmeisen in a memo sent to employees yesterday, said the company is still in the development stage, ahead of the competitive edge is growing.  The industry believes that Mason is doing this to ease investors ' worries about their business and prepare for IPOs. "When I saw some of the stories this weekend, I realized that the more sensible people would be mistaken for a story like that," Mason wrote in the memo. Ironically, our future is full of hope, and we are never as strong as we are now. "Groupon expects August U.S. market revenue to grow 12% from last month. Marketing spending could fall by 20% this month, and future marketing spending will continue to fall as companies shift their focus from attracting new users to paying users.
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