Partnerships of amazon
The chain of partnership
However, Groupon quickly outgrew Google’s control and began to operate as an independent business. In the early days of Groupon, a giant company like Google attempted to buy Groupon and hold it into its custody. However, Groupon quickly outgrew Google’s control and began to operate as an independent business.
LivingSocial was once a successful company that fell victim to Groupon’s downfall. Groupon acquired the company for an undisclosed sum.
However, as the company grew, Groupon started to experience some setbacks. First, the company was struggling to keep up with the competition in the online market. Secondly, it was struggling to make a profit due to its high price points and thirdly, it was not able to keep up with changes in consumer behavior which led to a decrease in its share value.
The company’s downfall has led to it being valued at just $2.4 billion, and it is now looking for major shareholders for a good patch.
