CHART OF THE DAY: If Merchants Hate Groupon So Much, Why Do They Keep Coming Back For More? (GRPN)

Each of the past three quarters an increasing percentage of Groupon’s core business has been made up of merchants coming back for more, reports Yipit.

Kind of puts a dent in the whole Groupon-is-a-ponzi-scheme thing, doesn’t it?

chart of the day, groupon new and repeat merchants, june 2012

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