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    Is Groupon a scam?

    Scheduled Pinned Locked Moved Money Matters
    232 Posts 98 Posters 95.4k Views 1 Watching
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    • 3
      30plus
      last edited by

      If you read news, Groupon is a huge MNC trying IPO. Estimated market value of the company is about US4B. So it’s not a scam.


      Need to aware of fine prints but I think they disclosed pretty well. Whether the deals are that good really depends. For example, I bought Zuji hotel voucher at 50% price. I know Zuji’s price is about 10-20% higher than other place I can get (for that particular place I want to go). So, net net is about 20-30% actual saving. Still not bad. Those spa deals are really …

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      • W
        wishababy
        last edited by

        i usually buy food coupons most of the times.

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        • M
          micollh
          last edited by

          i bought some canvas photo vouchers & photojournal… haven use… this topic make me worried… i think better quikcly use the coupon i bought… haizz

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          • Y
            Yerdua
            last edited by

            I think the problem lies with the slimming centre, not groupon…

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            • B
              BigDevil
              last edited by

              Some time ago, I bought 2 groupons for discount at a noodle place located in nex.


              Went to nex this past weekend, intending to use the 2 groupons…only to find the place had already gone out of business.

              Emailed Groupon yesterday for refund, and received reply today that the paid amount will be credited to my CC within 5 days.

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              • R
                RoyceH
                last edited by

                I think most products are safe to buy, just read carefully the T&C before you purchase. For me, I would pick food coupons... easy to redeem, low prices (hence less cognitive dissonance).


                I bought a travel deal from a tour agency called Dynamikz Travel and they are very shady - but I blame myself for not checking out the background of the travel agency before purchase, and the group-buying site's sales man for allowing this kind of lousy service to be put on the site! Just be careful, ya...

                Anyhow, I still love getting coupons as they give us consumers a great chance to try out new merchants... F&B outlets my favourite. I use http://dealzilla.sg to see all the daily deals in Singapore and it's so easy to see everything at once.

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                • Q
                  quirkymum
                  last edited by

                  I have used Groupon many times, most of the time there is no problem. I think if there is, it is more the companies that are the issue, not Groupon.

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                  • C
                    cherrygal
                    last edited by

                    Groupon is going down. Burst its bubble really quick. Read it in the business times.

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                    • A
                      auntieM
                      last edited by

                      cherrygal:
                      Groupon is going down. Burst its bubble really quick. Read it in the business times.

                      The story has been on for a while already.. ...do clear your coupons soon... ..

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                      • L
                        lordofkatong.020892gmail.020892com
                        last edited by

                        Groupon seems to be peddling mainly spa offers. How boring!

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