needed "filling around the edges says another source close to Groupon 's board. His shirt is un-tucked. On August 4, 2011, the company acquired Obtiva, a large Chicago, Illinois -based Ruby on Rails and Agile Software Development consulting firm for an undisclosed amount, in order to boost its technology recruiting capabilities. " Groupon Launches in Thailand". M/insider/2013/12/09/ groupon http groupon.com/coupons " Groupon Acquires Realtime Location-Aware Service Glassmap To Help You Find Deals". Industry executives are calling him a ponzi schemer.
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How did things go so wrong? He can't hang on to a COO. The groupon is the product. But Groupon called them plain old revenues. 25 In early November 2012, Groupon reported they had missed their third-quarter revenue estimates, posting a revenue of 586.6 million while estimates were at 591 million. Reuters (September 3, 2012). He's recording the video version of Groupon 's "road show" the presentation it will give to the fund managers who will make or break Groupon 's IPO. 32 In May 2016, Groupon sued IBM, accusing it of infringing a patent related to technology that helps businesses solicit customers based on the customers' locations at a given moment. 11 One coffee shop in Portland, Oregon struggled with an increase in customers for three months, when it sold close to 1,000 Groupons on the one day it was offered, according to one report. Sales of that product added up are revenues. In September 2013, Groupon India announced that it would sell onions for 9 (0.14) per Kg in a sharp contrast to the market price of 70-80 per. "I think there was sometimes a little bit of animosity of people who weren't in sales towards those who were working 9-5 says a source.
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