Posts tagged with 'ClubeUrbano'
Groupon may be the 800 pound gorilla in the super-hot group buying space, but its prominent success story, coupled with low barriers to entry, has led to a significant amount of competition, both in Groupon's home market, the United States, and globally.
Not surprisingly, Groupon isn't content with its current U.S. dominance. Investors haven't poured nine-figures into the company so that it can maintain its current market position. So it's rapidly expanding internationally to tap into new sources of growth. But expanding beyond a home market almost always comes with challenges and risks, and that's becoming apparent as Groupon tries to move at breakneck speed into far-flung markets.