 | groupon.com(visit site)Groupon features a daily deal on the best stuff to do, see, eat, and buy in Seattle and a variety of other cities across the United States. | 0 trailers |
Daily deals giant Groupon has weathered several storms since its humble beginnings back in 2008. Initially of course, Groupon was all the rage and the daily deals concept for while started to take hold in America and other parts of the world. But Groupon had a hard time keeping users loyal to the merchants who [...]
November 11th, 2012 by Anthony West
The Groupon story is one which if followed, can leave your head spinning. One quarter fortunes are up, the other, things are disastrously bad. Well, based on the latest data coming out of the company, things are good—very good as a matter of fact. According to Q2 2012 earnings data, revenues grew by 45% to [...]
September 2nd, 2012 by Anthony West
Groupon is in the news again, but this time it’s for something positive—an acquisition no less. The company announced via a blog post that it had acquired Breadcrumb, a Point of Sale App for a whopping $10 million. The App, which works on the iPad, allows users to make payments via a peripheral device which [...]
June 15th, 2012 by Anthony West
Groupon doesn’t make the news that often these days but the daily deals giant is back with news that it has acquired social recommendation app, Ditto.me. Ditto is essentially a mobile app that lets people make recommendations on the best places to shop and eat etc. Groupon of course is all about daily deals of [...]
May 7th, 2012 by Anthony West
Groupon and the daily deals business model goes on a see saw ride every few months it seems. This time round the company is suffering with stock price falls in wake of customers increasing their complaints and asking for refunds. Wall Street didn’t like news of declining 4th quarter revenues for Groupon and this set [...]
April 18th, 2012 by Anthony West
Well so much for reading Groupon its last rites. Instead of dying, the company has gone from struggling daily deals website to quoted company, and now one that is not doing too badly where revenues are concerned. In its first earnings call since going public last October, the company is revealing revenues of $1.6 billion [...]
February 21st, 2012 by Anthony West
I have written several times on here about the inherent flaws with the daily deals business model, but little did I realize that the scope of the model is so great that it requires a lot people to keep the wheels of some of the top daily deals websites turning. Nowhere in the model is [...]
February 5th, 2012 by Anthony West
It seems Groupon is on the ropes (again) due to poor results being experienced by its participating merchants. This general discontent among merchants has led to a reported dip in share price, which at this writing is $19.27 a share—a 6.6% drop of $1.32. The source of the stock’s troubles is a joint survey that [...]
January 9th, 2012 by Anthony West
A new study has revealed some interesting and rather helpful stats to struggling Daily Deals websites like Groupon and LivingSocial. The study conducted by LinkShare revealed that despite the picture painted in the general daily deals marketplace, over 56% of users are happy with the business model. The majority of people surveyed (1000 in total) [...]
November 30th, 2011 by Anthony West
The flirt Groupon had with an inflated share price seems to be over. For the second day running, the popular daily deals website has seen its share price plummet—almost trading below the $20 that Groupon came in under its recent IPO. The decline was somewhat of a surprise for many analysts because although many felt [...]
November 27th, 2011 by Anthony West
The Groupon IPO is now a reality and just mere minutes into its foray as public company; Groupon saw massive increase in its valuation. Shares in the now publicly traded company jumped 40% or $28 above its initial asking price, leaving many experts to scratch their heads in bemusement. What many are questioning is the [...]
November 9th, 2011 by Anthony West
The going has been getting tough for players in the daily deals space for some time, but it seems now things are really bad. The latest company to run into serious difficulty is BuyWithMe, one of the early players to enter the new market paradigm. According to reports, the company has failed to attract new [...]
October 31st, 2011 by Anthony West
Groupon obviously faces many challenges at present, but despite this the company is pressing on with its strategic plans. According to reports, Groupon has registered the term ‘Groupon Reserve’ as a trademark. The filing has left many in the tech space speculating that the daily deals giant is looking to launch a new product to [...]
October 28th, 2011 by Anthony West
Groupon sometimes ends up costing merchants more than it delivers in benefits, but one hardly expects consumers to suffer. Yet this seems to be precisely what is happening with the revelation that 11% of deals on Groupon end up costing consumers money and therefore cannot be considered deals at all. According to services vetting directory, [...]
October 10th, 2011 by Anthony West
Corporate poaching is well and truly alive, and tech companies seem to be the experts at the practice. The latest victim of the practice seems to be Groupon, whom it’s been reported, has lost its COO to Google. But there’s more to the story than what meets the eye. The COO is question, Margo Georgiadis, [...]
September 30th, 2011 by Anthony West
Hasn’t Groupon suffered enough? That has to be the obvious question being asked inside the walls of power at Groupon HQ. It seems a week can’t go by without some bad news surfacing surrounding the struggling daily deals website. The latest hole to be punched into the side of the Groupon boat is news that [...]
September 16th, 2011 by Anthony West
When the plan doesn’t come together, it’s time to come up with something new and this is precisely what Groupon is doing. The daily deals giant is reported to be getting ready to launch a new service, focused exclusively on ‘Goods’. Although the launch of the new service isn’t official, speculation among industry analysts is [...]
September 15th, 2011 by Anthony West
To IPO or not to IPO, that indeed is the question that Groupon has been sweating profusely over for the last few months. At stake is millions of dollars in funding, and potential profits—things Groupon has been short of as it tries to build a credible business. According to reports, the daily deals giant is [...]
September 10th, 2011 by Anthony West
