The ‘world’s largest digital coupon marketplace’ priced its IPO last night and raised $191 million. Share price has since surged by 34% and is currently being traded at $28.21 per share.
RetailMeNot, “the world’s largest digital coupon marketplace,” filed for a proposed initial public offering. The proposed maximum aggregate offering price is $230 million and the stock will be listed on the NASDAQ as ”SALE.”
“It’s a way better deal than Groupon,” Kim said. “Also, advertisers can track this.”
Think the group-coupon craze is nearing the end of its life cycle? Tell that to LivingSocial’s investors.
For intrepid deal hunters, there’s nothing better than finding the perfect coupon code right before you click ”Buy.”
Facebook will soon start charging merchants to run Offers as a way to earn more revenue at a time it desperately needs it.
Google has laid off a larger number of staff – some of them in senior positions — mainly in the areas of sales and marketing.
Yowza, a mobile coupon startup, secured $1.5 million in its first round of funding, founder Greg Grunberg (a.k.a. the actor who played Matt Parkman on NBC TV show Heroes) told VentureBeat in an interview today.
Group buying services have grown explosively over the last few years. Groupon, LivingSocial, Yipit, Foursquare and even Google have jumped into the suddenly hot arena of offering consumers discounts on local merchants’ products and services.
Online coupon startup WhaleShark Media has raised a $150 million round of funding, the company announced today.
The largest provider of digital coupons, Coupons.com has nabbed $30 million of funding from Greylock Partners, the company announced today.
Google has acquired German Groupon-like deals site DailyDeal, according to a homepage message from DailyDeal. Google has not confirmed the acquisition nor have terms of the deal been disclosed.
I hate those printed coupons that come along with my grocery receipts. They’re too easy to forget or lose and too hard to redeem. I also hate loyalty cards, mail-in rebates, and all the other tricks that retailers use to come between me and the discounts they’ve promised.
Google had launched its Offers service in five more cities — Austin, Boston, Washington D.C., Denver and Seattle, the company said today.
Editor's Pick With Groupon clones lining the digital streets like “GIRLS GIRLS GIRLS” signs in the seedy parts of Reno, you’d think the model was an easy one to replicate.
Guest Post Every morning, somewhere between 4 and 6 a.m., my inbox is assaulted by daily deal emails. This morning I fought back, feeling a sense of accomplishment as I deleted my last offer: 50 percent off a Brazilian Wax. Sound familiar? Groupon, the inventor of daily deals, has become one of the fastest growing companies in the history of the world. Much to its chagrin, Groupon seems to have created one of the fastest growing, most competitive industries in the world: 581 daily deal copycats now compete for your inbox.
Group coupon start-up Groupon filed an updated S-1 filing with the SEC Tuesday, revealing that while Groupon’s business continues to grow at a steady rate, it’s also hemorrhaging money in the process.
San Francisco-based bloomspot has found a ray of sunlight in the current economic storm. The daily deal marketer just announced $35 million in funding and a new platform that helps merchants recognize and reward their top customers.
Subscribers of group coupon buying service Groupon Inc have more than doubled to 115 million to date, reports Reuters.
With all the Groupon-like sites out there, the internet is starting to feel like a kitchen drawer: stuffed with coupons and hard to sort through. ChoozOn, an interactive coupon aggregator, didn’t use a coupon code to score its first $3.2 million round of angel funding on Tuesday, but it will help you find (and use) yours.
Just in time for Shark Week, Google Ventures has invested in coupon website portfolio company WhaleShark Media, with an unknown slice of the company’s $10 million round.
More bad news for Groupon, the group-coupon company heading for an IPO. Its share of the group-buying market declined in May, according to the latest report from Yipit, a site that aggregates deals from 482 sites.
Music and broadcast media discovery app developer Shazam announced that it has raised $32 million in its most recent round of funding.
The largest provider of digital coupons, Coupons.com has received a $200 million investment from institutional investors, the company announced Thursday.
New York-based Ideeli, a members-only shopping community — known commonly as a “Flash sales” site — has raised $41 million in its third round of funding.
Rockfish, a company that has its fingers in digital consultancy and business incubation, announced today it has launched CouponFactory, a couponing software platform for businesses.
Poynt, a location-based mobile search engine, today announced it has been granted a patent, first filed in 2000, for delivering offers and coupons to a mobile user based on GPS location and information from the user’s profile, according to a company announcement.
Milo.com, a startup that lets shoppers see online which products are available on the shelves of local stores, is giving users even more reason to go shopping– it’s adding coupons to its service.
The biggest promise location-based services offer for merchants is that they are going to bring in the pundits en masse. Location companies and brands have been experimenting with rewarding users with discounts and other special offers (like cutting the price of a coffee for the Foursquare “mayor” of a given coffee shop,). Now a new service called GroupTabs is taking on the challenge of turning check-ins into transactions.
Spending too much time on Facebook? Need to get out but stuck in front of the computer? Why not invite your Facebook friends out for drinks by saying the first round is on you?
Savings.com has revamped its website by adding more community-oriented features and has put Mahalo founder and CEO Jason Calacanis on its board of directors. With the relaunch, the site is trying to take a social approach where members can hunt for the best deals by commenting or voting on coupons. They can also see the most popular ones in the community.