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by randomdrake
4867 days ago
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The title here seems a bit sensationalist. I was expecting to read a story about how Groupon is bleeding a million per day. Instead, this is an article about how one company's analysis has concluded that they could be making $1,117,808 more per day. A missed profit is not a loss. It's a missed opportunity, sure, but I don't think calling it a loss is appropriate. |
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For example, Amazon is in my opinion a company that doesn't focus on increasing profits, especially in product areas where they are trying to push out competitors. Groupon could be artificially holding their price low to force out competitors.