Too Many Competitors for Groupon's Daily Deals?

Too Many Competitors for Groupon's Daily Deals? Play

Aug. 14 (Bloomberg) -- Groupon Inc. shares lost a fifth of their value after the largest daily-deal website reported second-quarter revenue that missed estimates as economic weakness in Europe curbed online coupon sales. Ascendiant Capital Markets' Edward Woo talks about his outlook for the company. He speaks on Bloomberg Television's "In The Loop." (Source: Bloomberg)

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