Cash flow in Asia a major concern for 2014
Dec 17, 2013
Groupon’s payments gamble
Groupon has decided to accelerate payments to its European clients. This will hurt cash flow but it's a sound strategy.
Groupon’s business model is a simple one: it markets special offers on behalf of its merchant clients, takes payments from the customers happy to buy, calculates its cut, or marketing fee, and the remaining money is destined for the merchant.
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