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Long-time Groupon (GRPN) critic Rocky Agrawal, who reported last week the company plans to offer...

Long-time Groupon (GRPN) critic Rocky Agrawal, who reported last week the company plans to offer a credit-card reader that will compete with Square, thinks Square has reason to be "very worried" after trying out Groupon's solution at an ice cream shop. Thanks to its lower fees, Groupon's solution is much cheaper for high-volume customers. However, Square has a comprehensive, time-tested platform, and an ability to reimburse merchants at an unmatched speed.
Comments (2)
  • Hitesh Patel
    , contributor
    Comments (314) | Send Message
     
    I said it b4 I'll say it again. Grpn will be 2.50 within a year. Poor business model and low barriers to entry. AMZN is going to eat their breakfast, lunch and dinner
    31 May 2012, 10:31 AM Reply Like
  • Mbperry
    , contributor
    Comments (9) | Send Message
     
    Oh yeah, I'm sure they are scared... Groupon should be scared because they are scrambling to find the next best thing which means their coupon business model is flawed...ya know the one they turned down billions to sell - OOPS! Maybe they will have a groupon offer on toast because Groupon will soon be toast.
    31 May 2012, 11:29 AM Reply Like
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