Telcom to Take No Action Against Groupon Middle East, Groupon Restates Quarterly Revenue Lower – Under Legal Investigation for Accounting Practices, OfferLink Local by Cartera Commerce to Revolutionize Daily Deals

Daily Deal Media News Daily Deal News for April 2nd, 2012 Telcom to Take No Action Against Groupon Middle East Groupon Restates Quarterly Revenue Lower – Under Legal Investigation for Accounting Practices OfferLink Local by Cartera Commerce to Revolutionize Daily Deals Deal.com.sg Launches Food Delivery DEALivery.sg The State of Social Commerce by the Numbers GreenDeals Teams Up with Moxy Vote for Eco-Friendly Causes and Deals Are Passwords on the Way Out? Catch of the Day Will be Launching a New Wine Site this Month (April) Better Deals for Businesses, Fishing Experiences and Group Buying for Qatar Daily Dealing Coupons 4 Humanity Gets a Facelift Thanks to an Angel Investor Jewelryroom.com Launches Daily Deal Segment – Savings up to 90 Percent Brainstorming: Connecting the Dots…. Telcom to Take No Action Against Groupon Middle East Groupon Middle East has been under fire recently for “poor” customer service and delivery delays of goods offered on the daily deal site. Multiple reports of Groupon Middle East’s troubles have been floating around the web, and such reports and complaints prompted Tecom Investments (which runs Dubai Media City,  the “free zone” in Dubai, in which Groupon Middle East is registered)  to launch an investigation into the discount website’s business practices. That was last week – and the results are in: Tecom has found that no further action needs to be taken, much to the chagrin of many Groupon Middle East customers, who feel slighted by delays and other customer service issues.  In recent months, Groupon Middle East’s Facebook page has received a barrage of complains from unsatisfied customers. Groupon Restates Quarterly Revenue Lower – Under Legal Investigation for Accounting Practices Shares spanked in after hours   It appears as though accounting issues continue to plague Groupon which is not only unfortunate for the company, but also the company’s shareholders. GRPN shares finished Friday’s regular session strong, closing up 68 cents per share (+3.8%). After hours Groupon announced it will revise its Q4 revenue number down from $506.5 million to $492.2 million. In after hour trading, shares of Groupon were taken to the woodshed and beaten. GRPN traded as low as $16.38 before closing the extended hour session at $17.26 on the bid side...   OfferLink Local by Cartera Commerce to Revolutionize Daily Deals Cartera Commerce has just launched its unique,OfferLink(SM) Local. This solution is aimed at local merchants who aren’t satisfied with the usual platform offered by local deals providers. OfferLink Local is essentially an undemanding daily deals solution that aims to sustain repeat customers and engage new consumers by using the payment card as the medium of transferring rewards/discounts, automatically. OfferLink Local allows vendors to promote their deals more affordably and offer rewards in the form of points, cashback or miles.    Daily Deal Media LLC 700 Tower Dr Suite 500, Troy MI 48098 Direct: (248)247-3580 Email: info@dailydealmedia.com Web: http://dailydealmedia.com Be a fan on Facebook Follow us on Twitter RSS Feed

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