Groupon’s new Scheduler feature has potential, but two very big IFs

Groupon today launched a wide beta of its Groupon Scheduler product. The Scheduler is an online calendaring tool that allows service businesses such as spas, yoga studios, contractors and photographers to take reservations online. It’s open to all merchants, not …

Fab.com hits 3M members and sells 1M daily deals

Daily deals darling Fab.com announced today it has sold one million items and already hit three million users in the last nine months.

The company does fall into the tired category of daily deals, but it is quickly finding a …

Google Offers gets a boost from new partners, debuts in four new cities

Google announced Wednesday that Offers, its daily deal arm, is getting new deal partners and is rolling out its service in Austin, Houston, Philadelphia, and Miami.

It sure feels like the daily deal space is crowded these days. Groupon and …

Groupon’s whale problem

I’ve long suspected that Groupon has a whale problem — that a lot of its revenue comes from a small number of customers. New research from ForeSee indicates that this may be the case.

A lot of businesses have whales. …

Daily deals inspiring repeat business, study finds

Daily deal providers such as Groupon and LivingSocial are often criticized for driving low-quality business to merchants, but these young companies may, in fact, be purveyors of loyal customers.

Ninety-one percent of web shoppers who redeemed a deal said they …

Groupon to launch $30/year VIP program — but will anyone actually pay?

Groupon is in the process of testing a new VIP service that will cost $30 per year and give users early access to deals, easy refunds, and more, according to a Business Insider report.

The company reported poor-to-mixed results with …

Shopping site Sneakpeeq raises $2.67M

Social daily deals and shopping website Sneakpeeq announced Friday is has raised $2.67 million in funding.

Sneakpeeq is attempting to replicate the shopping experience you’d have in a physical store. What type of experience? Well, think about walking into a …

Groupon keeps moving the goalposts, leaving investors scratching their heads

Groupon reported its first quarterly earnings as a public company this week and blew away its numbers — in the sense that it stopped reporting key numbers investors need to assess the health of its business.

Based on generally accepted …

Groupon acquires e-commerce ‘big data’ startup Adku

Group deals company Groupon has acquired e-commerce data firm Adku for an undisclosed price, the startup announced today.

Adku provides a service that attempts to “optimize” a person’s shopping experience by providing product suggestions on sites like Zappos, eBay, and …

LivingSocial lost $558M in 2011

Amazon spent $175 million for a 31 percent stake in number two daily deals site LivingSocial, and in so doing bought us all the best look yet at the privately-held Groupon competitor’s financials.

Buried in Amazon’s annual 10-K filing, made …

Choose your own sale with LuxeYard, launching today

Flash sale and daily deals sites have gained a lot of popularity in the last year with Groupon, Gilt, and Fab.com bringing consumers discounted products and services.

LuxeYard, a new flash sale site focused on luxury home furnishings and decor, …

Gilt Groupe lays off 10 percent of employees and shutters regional offices

After denying early reports that big layoffs were coming to Gilt Groupe, CEO Kevin Ryan confirmed today that the Gilt Groupe had let go between 80-90 staffers, about 10 percent of its overall workforce. Gilt announced the depature of two …

Look out Groupon: Nearly 800 daily deals sites folded in the past 6 months

Watch your backs Groupon and LivingSocial. A new report suggests daily deals sites are loosing steam quickly, with 798 daily deal sites worldwide shutting down in the second half of 2011.

Even since before Groupon went public in November, analysts …

LivingSocial closes $176 million round. How far off is an IPO?

Daily deals site LivingSocial has closed a monster $176 million round of financing, according to documents filed with the Securities and Exchange Commission today. VentureBeat has learned that the $176 million is the first tranche of  $400 million the company …

Hold onto your mustache! Foursquare gets Scoutmob location-based deals

Two great mobile apps have gotten together to make deal-hunting and city exploration an even better experience, as Foursquare has integrated Scoutmob deals.

Scoutmob is a deals app for iPhone, Android and BlackBerry that lets users claim deals only once …

LivingSocial set to raise almost $200M at $5B valuation

Daily deals site LivingSocial is close to raising nearly $200 million in venture financing, which will value the site at $5 billion, The New York Times has reported, citing unnamed sources close to the matter. Previous LivingSocial investors such as …

Wayfair CEO talks Groupon IPO and the e-commerce deals industry

Wayfair.com recently surpassed Crate and Barrel to be the number two home goods website, is expecting $500 million in revenue this year, and closed a $165 million round of funding. We sat down with Niraj Shah, co-founder and chief executive …

Yipit’s iPhone app cures deal fatigue with big data

Daily deals aggregator Yipit is today releasing its app on the iTunes App Store, bringing shoppers customized deals recommendations from more than 750 deals sites nationwide.

The free Yipit app will be location aware and will enable users to take …