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Groupon News

Groupon forecasts quarterly loss on hike in marketing costs

Groupon Inc forecast a surprise quarterly loss as it spends more to advertise its online marketplace, which is expected to make up for its lagging daily deals business, and its shares fell more than 13 pe...
In the Media by Sruthi Ramakrishnan (Reuters)

The website crisis continues for LivingSocial

On Tuesday, LivingSocial sustained a devastating website outage. And by Wednesday afternoon, the darkness remained across the platform's desktop and mobile presence.
In the Media by Michael Essany - 1 comment

Groupon gobbles up Korea’s Ticket Monster

Broadening its vision beyond daily deals, Groupon took another positive step in the right direction today when it announced its $260 million acquisition of Korea’s Ticket Monster.
In the Media by Michael Essany

Groupon once again making gains in the market it lost

Smartphones and tablets are being targeted for round two of the daily deal surge, say mobile commerce and daily deal industry sources who believe that Groupon's comeback has begun in earnest.
In the Media by Michael Essany

Groupon founder fired admit profits warning

The founder and chief executive of the discount website Groupon, Andrew Mason, has been ousted by the board, following a profits warning.
In the Media by Tim Sandle - 3 comments

Want to be a Groupon VIP? All it takes is $30 a year

In a recession, it's hard to spare the cash for things that make you feel like a VIP. But Groupon is hoping that buyers wanting a taste of "luxury" will shell out $30 a year to feel special.
In the Media by Tucker Cummings

Groupon defies revenue expectations, still manages to disappoint

The fourth quarter figures are in for Groupon, and while their revenue exceeded projections, their stock prices still took a tumble this week. In fact, the stock dropped by as much as 15% during Wednesday's trading.
In the Media by Tucker Cummings

Indian Groupon wracked by immense security breach

New Delhi - The Indian subsidiary of online discounts and deals giant Groupon accidentally released confidential user information from its subscriber database, including passwords and emails.
In the Media by Edward Xiao - 1 comment

Groupon files for IPO, hoping to raise $750 million

Daily deal powerhouse Groupon has filed for an IPO, looking to raise $750 million. Groupon says it has 83 million subscribers who receive deals via email.
In the Media by David Silverberg

Marketing consultancy explores next frontier: social commerce Special

A recent blog entry from the marketing and advertising consultancy SapientNitro asked if 'Social Commerce' was the next big thing, and in talking with the authors it may just be.
Digital Journal Report by Michael Krebs
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Andrew Mason  CEO and Founder of Groupon
Courtesy DEMO Conference
Andrew Mason, CEO and Founder of Groupon

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