Groupon is planning a network of North American warehouses for its physical goods business. Goods is actually doing well, and CEO Eric Lefkofsky said that bringing shipping in house will improve the company’s margins.
Editor’s Pick Washington D.C. may have with ambition and politics, PhDs and bulging bank accounts, and history of technological innovation , but it is not a friendly place for entrepreneurs. At least until now. Signs show a startup scene is emerging in our Nation’s Capital.
Suffering from Daily Deal fatigue? Dublin startup Redeem&Get aims to make the process of redeeming a deal smoother for customers and more profitable for merchants. The company just won the Spark of Genius competition at the Dublin Web Summit, with prizes that included 40,000 EUR ($56,000) in cash and a 100,000 EUR ($141,000) termsheet from ACT Venture Capital.
Editor's Pick “Sorry we ripped you off. Your best bet is to go to Groupon and get your money back. We’re too chicken shit to answer the phone, so you got this message anyway. Sorry for your problems. Better luck next time.”
Google had launched its Offers service in five more cities — Austin, Boston, Washington D.C., Denver and Seattle, the company said today.
Local business review aggregator Yelp is going back to its roots. The company is scaling back its year-old Yelp Deals service, which was designed to compete with daily deal giant Groupon, and focusing its resources on more on user-based reviews.
BuyWithMe, a daily deals service, has just announced the acquisition of Edhance, a company that provides card-linked loyalty programs to merchants. The terms of the deal were not disclosed.
Popular check-in application Foursquare, which recently reached 10 million global users, today announced on its blog that it will be offering local daily deals from 5 new partners, including LivingSocial, Gilt City, Zozi, AT&T Interactive and BuyWithMe.