We reject the blogosphere’s new admonition to hot indie startups: “Don’t do a Digg.” In Kevin Rose’s defense, he is not the first founder to reject an inflated acquisition offer, only to see the company sell years later for a …
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Groupon stock hit another all-time low today. That in itself is not news — the company has had a habit of setting all time lows.
But today marks the first day that Groupon dropped below the split-adjusted $7.90 paid by …
Guest Post
Mobile payments company Square just got another new competitor: RevCoin’s Coin service.
Coin is offering small businesses merchant processing for 2.55%, a rate 20-basis points lower than Square. Although the rates aren’t as low in most cases as those that …
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Discount hotel app HotelTonight announced $23 million in funding yesterday. It’s the kind of deal company I can get behind. (Disclosure: HotelTonight provided me a $100 credit to try the service.)
HotelTonight offers deals to last-minute travelers through iPad, iPhone, …
Groupon's stock price has taken a beating lately, and when it closed today at $8.95, it brought the valuation of the company to a mere $5.78 billion. That's less than Google reportedly offered for the company in 2010.
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Groupon today launched a unique deal: You can have a Groupon employee come and tuck you into bed. As far as strange deals go, this one even beats out the deal offered by Groupon Philippines for 76% off circumcisions. (Disclosure: …
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Groupon shares dropped to a new all-time low today as its lockup ended, releasing a torrent of new shares onto the market. Thirty minutes into the trading session, Groupon had already traded 75% of its average daily trading volume. This …
Deal or not, plenty of Groupon insiders are opting to unload shares in their first opportunity since the company’s public debut, and they’re helping send Groupon’s share price tumbling to new lows Friday.
Groupon, which debuted on the NASDAQ in …
Longtime readers know that I’ve long been positive about mobile payments company Square and, well, not-so-positive, about daily deals site Groupon. (Disclosure: I have puts against Groupon.)
But I think Groupon’s new payments system could present a real threat to …
Restaurant and hospitality point of sale startup Breadcrumb has joined the Groupon family. The Chicago-based online couponing firm has acquired the New York-based startup, Groupon reported Tuesday in a blog post.
Unsurprisingly, the amount of the deal was not disclosed. …
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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 …
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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 …
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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 …
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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.
