All Posts Tagged Tag: ‘Groupon’

Groupon Addresses Stockholders: 170 Million Sold in 2011

Groupon CEO, Andrew D. Mason sent out a letter to the stockholders today addressing what the company accomplished in 2011 and what they have planned for 2012 and beyond. To put it lightly, they plan on taking over commerce in your area. To begin with, Mason layer out some pretty impressive statistics on how they did during 2011. They sold …

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Groupon Lands In Porn Trouble…Again

Just two weeks after daily deals company Groupon drew the ire of an anti-porn group for their porn studio tour offer, they are back, pissing off the same group again with a recent Playboy-themed offer. Earlier in April, Groupon offered a deal to tour a San Francisco armory, which is actually a 200,000 sq. ft. reproduction of an old Moorish …

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Groupon Board of Directors Gets Financially Savvy

Groupon, who has been having a lot of financial difficulty lately, added some new members to their board of directors yesterday. Daniel Henry, chief financial officer at American Express, and Robert Bass, vice chairman at Deloitte LLP. will both join the board as well as the audit committee with chairman Ted Leonsis. Eric Lefkofsky, Groupon Chairman, comments on the additions …

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Groupon Now Milestone: 1.5 Million Deals Sold

Groupon Now! just issued its 1.5 millionth groupon deal at CiCi’s Nails in Chicago, Illinois. The deal with features a $42 manicure and pedicure deal for $30 marks a huge milestone for a service only available for one year. Groupon Now! is different from regular Groupon in the way it offers location-based deals in real-time. Groupon Now! gives merchants the …

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AmazonLocal Adds Deal Preferences

Today AmazonLocal unveiled Deal Preferences, a way for users to customize their shopping experience, and facilitate a more targeted offering of various deals they receive. AmazonLocal is a daily deals platform similar to Groupon, which offers users up to 75% discounts on everything from watermelons to sauna rentals. Below is a screen of the updated Deal Preferences page, where users …

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Groupon Gets Flak For Porn Studio Tours

In 2006, a Columbia University finance PhD graduate named Peter Acworth purchased a 200,000 square foot reproduction of a Moorish castle. The castle has gained notoriety over the years before he purchased it as a National Guard office and film set for various sequences in the Star Wars movies. More recently, Groupon has been offering tours of the replica castle, …

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Groupon Acquires Ditto.Me Mobile App

Ditto.me is a mobile app centered around discovering new and fun places like restaurants, bookstores, coffee shops, art studios, and other interesting hotspots in your community. It’s all about sharing your excitements and insight and today they have been acquired by Groupon, who shares a similar business passion. The terms of the deal have not yet been disclosed, but we …

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Groupon Grassroots Announced In Honor Of Earth Day

It’s Earth Day which means everybody is going to be talking about conservation and how we can go green a little more this year. One Internet company is using Earth Day to relaunch one of their services with a new name and renewed focus. Groupon today announced the launching of Groupon Grassroots. It’s the new identity for Groupon’s old G-Team …

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Groupon Names New International SVP

Groupon has named a new senior vice president of International. Veit Dengler, Australian native and former executive at Proctor & Gamble and McKinsey, will fill the shoes. Dengler is a Harvard graduate and also spent time at Dell where he served as head of Russian and Eastern European operations. Dengler comments on his new role at Groupon: “Groupon is changing …

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Groupon G-Pass Gets Wide Release For TicketMaster Events

Groupon announced the wide release of G-Pass, as part of Groupon Live, the joint venture between Groupon and Live Nation Entertainment for local events. The new feature lets users get ticketing, seating and barcode-scanning info on the voucher itself, so they don’t have to go to the will call line at events. G-Pass has been in beta since October 2011. …

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Groupon Kidz Club Launches With Some Questionable Characters

Groupon has launched a new kids site called Groupon Kidz Club with games and a really weird song. One character apparently doesn’t love his parents, one hates stray dogs, one is some guy the kids “took in” after finding him on the beach with no recollection of his identity, and one is an escaped swarm of bees who are “attracted …

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Groupon Stock Hits All-Time Low

Less than five months after its initial public offering, Groupon stock is trading for less than half of what it once was. The company’s shares fell another 3.2%, or 48 cents, and closed at $14.54 a piece. At its highest point, Groupon shares were going for $31.14, soon after going public in early November. While the stock just hit new …

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