Looks like Groupon insane growing days maybe behind it as this article: http://goo.gl/irP3i shows less people are buying groupons resulting in less revenue per merchant. The image below for revenue per merchant (Boston)looks like it nose dived in Q3'10.
So my question is: How is Livingsocial doing inregard to their merchant revenue? Anyone come across numbers for this or atleast hear if their merchants are happy or not?
Well I guess Groupon being investigated isnt that big of a surprise: http://goo.gl/AMhsC