Local competition and cultural differences force Groupon to shut its operations in Korea, the latest in a string of exits by foreign firms Groupon recently announced liquidation of all assets of Groupon Korea, and a plan to focus all its efforts to promote its recent acquisition Ticket Monster (TMON) in Asia’s third largest e-commerce market. Read the full article...
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The post Another one bites the dust: Groupon plans exit from Korea appeared first on e27.
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