Groupon fights for its life as daily deals fade

Groupon and its compatriots in the much-hyped daily deals business were supposed to change the very nature of small-business advertising. Instead, it is the daily deal vendors that are racing to change as evidence mounts that their business model is fundamentally flawed.

via Business feed http://www.scmp.com/business/companies/article/1081197/groupon-fights-its-life-daily-deals-fade