Groupon up 20 percent in after-hours trading after officially appointing executive chairman Eric Lefkofsky to CEO.
Optoro helps online retailers resell their returned, damaged, or excess inventory. This is the fifth investment for Revolution Growth, which was founded by former AOL execs Steve Case, Ted Leonsis, and Donn Davis.
Groupon co-chief executives Ted Leonsis and Eric Lefkofsky aren’t racing to find the next CEO as the current executive team is ”gelling.”
Groupon’s board of directors is looking outside the company’s current management for candidates that could assume the now vacant position of CEO.
FedBid promises to save the government and every mid-size to large company 10-12 percent on almost everything they buy. Here’s how.