Groupon Shares Up 1.5% on Ticket Monster Rumors

Snapdeals in 5,000 Cities and Towns in India

Groupon Trending Down Heading into 2015

Groupon Launches its Arabic Website

Knocking on the UAE’s doors

groupon, groupon middle east, dailydealmedia.comThe golly green G (Groupon Middle East) of daily dealers launched the Arabic version of its website this weekend just in time to capitalize on its presence in the Gulf region where the company has plans to open six regional offices. The company stated in the press release that “Groupon’s decision to develop a website that is catered exclusively to the audience in this region comes as a result of the company’s continuous effort to share their exciting offers with the Arabic speaking audience.”

According to Alexander Kappes, Chief Executive Office of Groupon Middle East, “this is not just another language version of the site, it is a new platform to aid communication with the local audience in their own language and with the Middle East customer in mind.”

On September 22nd, I discussed Groupon’s Middle East plans in greater detail. The company is forging ahead with its original expansion plan that includes opening as many as six new offices in the Gulf Cooperation Council (GCC) region. The flip side of this equation is that Groupon anticipates further consolidation in the UAE as that region reaches a saturation point. In a recent post (October 10th) I discussed the fact that Jabbar may be unloading Cobone. Apparently Groupon sees opportunities in the region that others may not see.

Groupon’s arch rival, (Washington DC based) LivingSocial stated in August that it had closed down its operations in that region in order to concentrate on opportunities in other regions.

For those that follow Groupon as closely as I do know that the shares (GRPN) have plummeted over 75% based on the $20 IPO pricing. The company continues to reel in boatloads of revenue yet can’t seem to stick to GAAP accounting and show a profit. A main question many are pondering is whether this move into the Middle East will help turn the sub $5.00 share price (closed Friday, 10/19/12 at $4.69) around, or add to the company’s demise.


Don Young

Don Young, Jr. is a beat writer for Daily Deal Media, the number one resource for the Daily Deal Industry. Don has spent over a decade as a stock broker / advisor focusing on fundamental and technical analysis. Prior to that he was the sole proprietor of The Tile Guy , based in Portland,Or. completing multitudes of both residential and commercial projects in the Pacific Northwest. Don enjoys researching new businesses , market forecasting, traveling, cooking, volleyball , golf and relaxing with family and friends.
DDM Reports
The 2014 Edition of the DDM Daily Deal Publisher Directory is the most comprehensive contact list for daily deal sites, flash retailers, aggregators and individuals operating in the daily deal industry. Each record includes the following: - Company Name - Website - Contact Name - Contact Title - Email - Phone - Address (not all records contain a full mailing address)
The 2013 Media List is a comprehensive database of all major media, bloggers and product/app review websites. If you're looking for PR distribution, this is a great list to begin with. Each record includes: - Contact Name - Publication Name - Website URL - Address - Email - Description
2.7M Consumer Subscribers. This data has been aggregated from a number of websites, which include daily deal sites that have gone out of business. Data includes: - Full Name - Address - Phone Number - Email - Signup Website - IP Address - Date of Signup Data will be delivered via a dropbox link in CSV format.