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Deals Articles

Google Offers on the Way, Should Groupon Have Sold?
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Google has a new project in the works that appears to be a direct competitor to Groupon. It’s called Google Offers. According to an official fact sheet about the product, obtained by Mashable, Google Offers is "a new product to help potential customers and clientele find great deals in their area through a daily email."

Rumor: Path Turns Down $100M Offer From Google
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Google may be losing some of its charm.  Two months after Groupon supposedly turned down an acquisition offer worth $6 billion, rumors indicate that a small company called Path has declined an offer worth an initial $100 million.

Where Can Groupon-Like Services Go with Geo?
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Ok, I’ll admit it, I’m liking Groupon, SwarmJam, and other email-driven and mobile local coupon deals.. heck, what’s not to like about the service?

Indeed, I’ve been pretty skeptical about the insane valuations being thrown around about Groupon, although Google and their recent announcement to jump into this lucrative space may derail the huge valuation of Groupon… wait and see I guess. So how popular has Groupon, Living Social and other services become??

Netflix Announces Work On Facebook Integration

Netflix, which for better or worse possesses a rather unique ability to entertain solitary users for hours on end, is about to get both more social and more specific.  The company has informed shareholders that it will connect with Facebook in order to develop personal Netflix accounts.

Is Facebook’s New “Buy with Friends” a Hint at Bigger Things to Come?

Facebook is all about friends, so it stands to reason that friends be the main facilitators of marketing through the social network. This is a sentiment driven home by Facebook’s new Sponsored Stories, as well as another new product they’re testing called "Buy With Friends". 

Yahoo7 Purchases Group Buying Site For $40 Million

Yahoo7, which is the product of a partnership between Yahoo and the Seven Network in Australia, is now also part of the group buying phenomenon.  Yahoo7 announced today that it’s acquired Spreets, a group buying site with 500,000 members.

Groupon Talks Managing Capacity, Following Japan Apology

As previously reported, Groupon has apologized for a recent deal gone bad in Tokyo. In the apology, CEO Andrew Mason mentioned that Groupon has "capacity planning formulas" to help merchants figure out the number of customers they can handle from a Groupon deal. As you may know, a common complaint about Groupon is that it can send too many people to a business, which does not have the means to meet customer demand.

Groupon Apologizes for Deal Gone Bad in Tokyo
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Groupon CEO Andrew Mason apologized to users in Tokyo for a deal that went bad a few days before the New Year’s holiday. The deal involved the delivery of food, and became too popular for the business providing the deal to handle.

They sold 500 "Groupons", and the business was unable to process the orders, leading to late deliveries, and deliveries of product in "terrible condition", as Mason describes it. 

Rumor Points To More Problems For Google-ITA Deal
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Don’t call your stockbroker or even place an informal bet just yet.  The latest info on the proposed Google-Fairsearch deal represents a rumor twice over.  Still, a report’s indicated that the Department of Justice might decide to step in and stop the acquisition.

Groupon Acquires 3 Deals Sites, Expands Into More Countries
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Groupon is launching in India, Israel, and South Africa as it has acquired similar deals sites in each of those countries – SoSata, Grouper, and Twangoo respectively. 

"Collective buying is in its infancy in India, Israel and South Africa and we see strong potential," said Rob Solomon, president and COO of Groupon. "Groupon is shaping the way local merchants market themselves in every corner of the world."

Groupon Raises $950 Million to Continue Rapid Growth
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Groupon announced that it has completed its $950 million round of financing, which has been discussed in the tech press over the last couple weeks. The company says it will use the funds to fuel global expansion, invest in technology, and provide liquidity for employees and early investors.

Super Bowl Pre-Game Will Reportedly Feature Groupon Ads
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If Groupon’s not already a household name, it may be soon. According to AdAge, the company is getting ready for some big time TV advertising, starting with spots during the Super Bowl pre-game show (the Super Bowl itself was already sold out). 

Yahoo, Disney May Strike Connected TV Deal

Yahoo Connected TV might soon get a serious bump in respectability in the eyes of sports fans and families with kids.  A potential deal with Disney could bring content from ESPN and Disney (along with ABC) to the platform, according to a new report.

Google: We Already Have Groupon-Like Products
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Google’s Marissa Mayer recently made the switch from the company’s VP of search products to focusing on the company’s geo and local products.

Groupon Continues to Grow at Funding, Valuation, and Geographical Levels

Groupon has reportedly closed a new round of funding at $950 million. According to Michael Arrington at TechCrunch, who cites "a source with knowledge of the financing," Groupon is now valued at $4.57 billion.  Update: Arrington is now saying they have only closed half of that funding. 

Report: Google Now Pursuing Groupon Rivals
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When turned down for a job or a date, the average person doesn’t give up on either the idea of employment or a relationship.  He or she just tries again, perhaps with lower standards.  And similarly, after being rejected by Groupon, Google’s now supposed to be on the hunt again, looking to acquire another company in the same space.

Groupon: We’re the Savior for Small Businesses
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Legend has it that Groupon turned down a $6 billion offer from Google, which if accepted would have been Google’s biggest acquisition to date. Time will tell if this was a smart move or not, but Andrew Mason, Groupon’s CEO seems fairly confident in the company’s future.

The Daily Deals Industry in 2011

The daily deals industry is an exciting space to watch right now, as evidenced by Google’s recent $6 Billion offer to buy Groupon, Amazon’s $175 million investment in LivingSoical, Facebook’s recent launch of Facebook Deals, and all of the other competitors looking for a pie

Microsoft Admits Facebook Acquisition Attempt
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Last month, Groupon reportedly demonstrated to Google that not everything’s for sale, and it’s now more certain than ever that Facebook did the same thing to Microsoft a few years ago.  A Microsoft exec confirmed this morning that his company once tried to acquire Facebook.

Yahoo Tests New Local Site for Mobile Users
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Yahoo has launched the new Yahoo Local for Mobile experience in beta. 

Did Groupon Make the Right Decision? What’s Google’s Next Move?
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As you probably know, Groupon recently turned down Google’s $6 billion acquisition offer. CEO Andrew Mason was reportedly concerned about the direction Google may have taken it in, as well as what would happen to its employees.