A new website, founded recently in the US, is aiming to become one of the big players in the daily deals market. That Free Thing, like rival sites such as LivingSocial and Groupon (Public, NASDAQ:GRPN), offers discounts on numerous products on its website every day. The site launched in the autumn of last year, and [...]
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Small Firms Can See Mixed Fortunes From Their Dealings With Daily Deals Websites
A number of reports in recent months have revealed that some small businesses have struggled after offering discounts on their products with daily deals websites, with some even coming close to bankruptcy as a result of the huge number of claimants for their offers with deal providing companies. The large US-based firm Groupon (Public, NASDAQ:GRPN) [...]