Perspectives
The Chinese Groupon wants to hold hands, but there are reasons investors might want to keep their distance.
Lashou Group Inc., whose name translates as “hand-in-hand,” has certainly demonstrated explosive growth. A shift from zero paying customers when the website was launched in March 2010 to 3.3 million in the third quarter of 2011 is the main draw for investors as the company plans a $100 million Nasdaq listing.