Thursday, December 2, 2010
Huge Margins at Groupon
CNBC reports that Groupon, the local advertising firm Google wants to buy, has 60 percent gross margins, keeping half of all the money generated when Groupon users buy merchandise in advertiser stores as part of the group coupon offers.
Gary Kim was cited as a global "Power Mobile Influencer" by Forbes, ranked second in the world for coverage of the mobile business, and as a "top 10" telecom analyst. He is a member of Mensa, the international organization for people with IQs in the top two percent.
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