VIPS has almost twice the mkt cap of Groupon? LOL. If that is not a bubble, I dont know what it
So get this guys. Groupon sells in the United States nationally, they are the biggest, with most revenue for US ecommerce style store. Unless Americans can speak chinese now and can order from a chi online store, I dont see a penny's worth of selling done by VIPS in US. But hey correct me If I am wrong.
So with that said, why is VIPS mkt cap twice that of GRPN almost????? Sure VIPS may be growing, every biz does but they also price in that growth in the stock price