Savored for an undisclosed amount, providing Groupon with an inlet to higher-end restaurants. Julianne Pepitone (August 10, 2011). "Groupon's Profit In 2011 Was Actually.6 Million Less Than They Previously Said". Retrieved December 12, 2011. Ha, Anthony November 17 2014 TechCrunch. 103 As of December 2015, Chinese startup unicorn Meituan is the largest player in the daily deals space. Retrieved Mar 11, 2011.
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11 Groupon encourages new customers to try local businesses. 22 2011 onward edit Prior to the company's fifth anniversary, the Groupon website was completely redesigned and new features were added in November 2013. Archived December 31, 2011, at the Wayback Machine. It gained only modest traction in Chicago, until a group of users decided their cause would be saving money. Andrew (January 4, 2011). "Groupon, Scoopon settle out of court over battle for local trademark, domain name". 146 Presence in China edit Groupon has a moderate online presence in China, where m and m control most of the market share. In the early years before revenue splits began to adjust as necessary, Groupon made money by keeping approximately half the money the customer pays for the coupon. "Groupon Appears to Be Gearing Up for China Market". Currently, that split can vary depending on many factors. Retrieved "The Groupon Promise".
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