Late last week Groupon announced that it was going to make a growing inventory of less perishable deals accessible to consumers. Calling this the Groupon “Local Marketplace” the new functionality is live in Chicago and New York, soon to be available across Groupon cities:
In the last year, we’ve increased our North American selection of active deals by nearly 13 times, to more than 27,000 at the end of Q3. more…
Some of the early backers of Groupon Inc., GRPN -2.11% including Silicon Valley veteran Marc Andreessen, are heading for the exits, joining investors who have lost faith in companies that had been expected to drive a new Internet boom.
At least four Groupon investors who held stock more…
Groupon’s stock took a sharp turn today, falling 20 percent in after hours trading. The daily deals company missed Wall Street estimates in its second quarter earnings.
The stock hit a low of $5.95 a share after Groupon announced $568.3 million in revenue, when Wall Street more…
The latest craze for both online and offline retailers definitely seems to be the daily deals phenomenon which is taking off around the globe.
Websites such as Groupon, LivingSocial and even Travelzoo have been getting in on the act, promoting local businesses and more…
The vice president of global communications at Groupon has left the company after just two months on the job.
According to a source familiar with one view of the situation, Bradford Williams left due to the way the company has responded to its critics during the “quiet period” more…
One of the fastest-growing companies in the history of the world, Groupon, is now running seriously low on cash.
The company is not broke, by any means. It can also presumably raise additional capital in the private markets if its IPO gets further delayed. more…
The clones are attacking in droves.
While Groupon has become perhaps the fastest-growing company in the history of humanity, Groupon fans have been forced to fend off nagging questions about when and whether competitors would start pecking away at its business model. more…
Everyone, especially Wall Street, is standing up to salute social commerce. Look at the IPO pipeline – LinkedIn, Groupon, Zynga, Living Social. But despite all this attention, the definition of social commerce is fuzzy at best. How do we know if these companies will win, if we can’t even agree on what it is?
When defining something social, it’s helpful to characterize it by the conversations that make up the experience. more…
