Germans love Groupon almost as much as they love David Hasselhoff

I don't know how positive a picture this really paints. They had the uptick in the last quarter, but it's overall trending downward pretty seriously.

To add some context: The food market in Germany is very competitive. I doubt there are any margin or a need for Groupons of any kind. The US is not even close to what is going on in Germany. I compare the situation with gasoline, it's just the other way around. Unfortunatly I cannot back this up with any reference, but you would believe it after just walking through a supermarket.