Groupon shares drop on Q1 revenue miss, shutters businesses in 11 more markets

 Groupon — the once-dominant daily deals business that has more recently tried to shift to other kinds of local commerce — today reported first-quarter earnings that pointed to a company still in transition — or struggling to turn itself around more successfully, depending on how you look at it. Dragged down by a 5.5 percent decline in its core market of North America… Read More

from TechCrunch