in China edit Groupon has a moderate online presence in China, where m and m control most of the market share. Groupon filed its lawsuit on May 9 with the federal court in Chicago, two months after IBM accused Groupon of patent infringement in a separate lawsuit. Rewards is a loyalty program for merchants to reward customers for repeat visits with a Reward of their choosing. "Groupon Buys Ideeli for 43 Million". Johnson filed a lawsuit in federal court against Groupon, based on a claim that the company issues "gift certificates" that are not allowed under the Credit Card Accountability Responsibility and Disclosure Act. 111 The stock has since rebounded and was trading around 8 in Q1 2015 before plunging as low.15 in early 2016. Groupon's original IPO filing with acsoi accounting showed a positive operating income.6 million for 2010; after replacing the acsoi metric with standard accounting metrics, Groupon's IPO filing reported an operating loss of 420 million for 2010.141 In December 2011 the Office of Fair Trading (OFT) launched guamont code promo an investigation into Groupon after the firm broke regulations 48 times in 11 months. Retrieved November 30, 2009. "Is Groupon Changing Its 50/50 Revenue Sharing Model?" Daily Deal Media. In February 2011, Groupon Russia announced it would join the Russian Company in order to start offering deals on its social network Odnoklassniki. " April 19, 2010. Store ratings and product reviews are written and submitted by online shoppers to assist you as you shop. Groupon Exits Sweden, Denmark, Norway and Finland In Ongoing Global Retreat.