Guest Post
Groupon is testing out an offering of its own in the increasingly crowded payments space, according to an email I was forwarded by a business that was solicited for the service. (Disclosure: I have various puts against Groupon.)
The pricing …
Groupon is being investigated by the Financial Industry Regulatory Authority after the company’s stock made a sharp, upward turn Monday, before earnings beating expectations were delivered at the close of business that same day.
Finra, which watches for oddities within …
Still reeling from a disastrous fourth quarter, Groupon beat Wall Street’s expectations and reported $559.3 million in revenue and $39.6 million in operating income for the first quarter of 2012. Monday’s earnings report is Groupon’s second since opening on the …
Guest Post
Have you had the feeling the quality of Groupon deals is going down? If so, you’re right. A report released this morning by Giorgos Zervas, a postdoctoral fellow of computer science at Yale University, shows that the average rating of …
Groupon made its Groupon Rewards loyalty program available to all U.S. businesses today in an effort to counter claims that its deals are bad for business.
Groupon Rewards is the deal provider’s mostly-automated alternative to the store punchcard. Merchants offer …
Guest Post
I’ve voiced quite a bit of opposition to the daily deals industry, but that doesn’t mean I’m opposed to discounting in general. Discounting can be an important part of the marketing mix, especially for encouraging trials.
What I’m opposed to …
Guest Post
Recently, people have questioned my motivations around writing about Groupon. They have tried to insinuate that I’m writing about Groupon for personal financial gain.
Anyone who believes that doesn’t know the first thing about how financial markets work. I have …
In Andrew Mason's recent letter to shareholders and in a press release touting 1.5 million Groupon Now deals sold, Groupon has been highlighting the product as an example of innovation and a potential positive for the beleaguered company.
After an accounting restatement, a shuffling of its board of directors and Groupon's stock falling to below 50 percent of its initial public offering price (and 66 percent off the high it reached on its first day of trading), Groupon CEO Andrew Mason wrote a letter to shareholders yesterday to try to swing the momentum back in the company's favor.
Groupon is changing its payment terms with merchants, according to several sources familiar with Groupon's business and contracts. The company has traditionally used two different payment models. In the United States and Canada, merchants have been paid in three installments.
After a rocky showing in its first earnings report, Groupon CEO Andrew Mason revealed his grand ambitions for the company in a letter to stockholders today. It’s not just about daily deals anymore: Mason wants Groupon to become the “operating …
Local advertising startup Signpost grew its business a little bit Tuesday with a $3.75 million investment and a new employee. Christopher DePatria, former head of sales at AOL Patch, joined the team as the vice president of revenue.
Signpost tackles …
Groupon’s board of directors is playing musical chairs as the downtrodden daily deals company attempts to address fallout from an accounting restatement that sent its stock price plummeting.
The company, now trading at more than 60 percent off its initial …
After finding success in Sweden and across Europe for its effort to revitalize the gift card industry, Wrapp is finally launching in the U.S. today. And to prove it’s serious, the company has more than 25 retailers signed up to …
In the first quarter of 2012, investor confidence rose to the highest point it’s been in more than a year. The latest Silicon Valley Venture Capitalist Confidence Index — which measures how much statup investing confidence VCs have — shows …
Morality in Media is calling for a nation-wide boycott of daily deal site Groupon.com for what it claims are tours of a “torture porn” facility.
“Employees lead 90-minute tours for guests aged 18 & older through five floors of historic …
Guest Post
Facebook’s $1 billion purchase of Instagram was the topic on everyone’s lips at Mega Startup Weekend last Saturday and Sunday. The world’s most expensive “Like” has clearly gotten tech entrepreneurs buzzing about who will be next. While there’s no way …
In the midst of all the turmoil of Groupon, which is now trading at a market cap below $8 billion and broke below the $12 mark in trading today, the company's hometown newspaper had a sitdown with Groupon chairman Eric Lefkofsky. As a former journalist who once aspired to work at the Tribune, I'm embarrassed for them.
I've spent much of the last year talking about how the sites small businesses rely on to advertise and promote themselves -- think Yelp and Groupon -- are failing them. In fact, helping small businesses at the local level is extremely challenging for technology companies, for the following reasons:
Groupon’s business stateside has been embroiled in an accounting scandal that cut the stock price in half. But its international operations are responsible for two-thirds of the company’s revenue. Yesterday the company announced that Marc Samwer, who along with his …
