All Posts Tagged Tag: ‘Groupon’

New Groupon CEO: Nobody Understands Us

New Groupon CEO: Nobody Understands Us

Earlier this month, Groupon reported its Q3 financials and announced that it has a new CEO. Rich Williams stepped into the role as Eric Lefkofsky stepped down to return to his role as Chairman of the Board. Wall Street was not impressed with the news as shares plummeted as much as 26% in after-hours trading that day. In addition to …

Read More

Groupon Gets New CEO, Releases Earnings

Groupon Gets New CEO, Releases Earnings

Groupon released its Q3 earnings and announced that it has named Rich Williams as its new CEO as Eric Lefkofsky steps down. Williams was appointed by the board, effective immediately as Lefkofsky returns to his role as Chairman of the Board. “Rich is the right and natural choice for Groupon’s future, and he has the unanimous support of the Board …

Read More

Groupon Cuts Jobs, Exits Countries

Groupon Cuts Jobs, Exits Countries

Groupon announced that it is eliminating about 1,1000 jobs over the coming months. The cuts will mostly take place in its International Deal Factory and Customer Service. The company says it has streamlined its operation in these (and other) areas and that it is now able to do more with less. In addition to the cuts, it is actually pulling …

Read More

Groupon to Google: We’ll Bill You For Using Our Logo

Groupon to Google: We’ll Bill You For Using Our Logo

I have to say, when Google changed its logo earlier this week, the first thing I thought when I saw the new “G” was that it looked like a more colorful version of Groupon’s “G”. Apparently Groupon itself felt the same way. On Thursday, Groupon tweeted this: We'll send you a bill for using our logo, @Google. $7 billion sound …

Read More

Groupon To Go Is Exactly What It Sounds Like And It Just Launched

Groupon announced on Thursday it’s launching Groupon To Go, a nationwide delivery and takeout service the company says saves customers up to 10 percent on “every order”. The offering will first roll out in Groupon’s hometown of Chicago, and will expand to other major markets throughout the year. Austin and Boston are next up, slated for launch this fall. “Delivery …

Read More

Camille Cosby: ‘An Invasion of Our Private Lives’

Camille Cosby has become the focus of much interest in the weeks and months since news of allegations against Bill Cosby broke. While there has been no credible accusation that Camille Cosby is in any way complicit in any allegations against her husband, folks do want to get a sense of where Camille stands in all this. Perhaps she might …

Read More

Groupon Offers $25,000 Stand-In For Sons On Mother’s Day

Oh, that Groupon. The company just announced that for $25,000, it will send one of its employees to your mother’s house in your place on Mother’s Day. “We recognize that it’s difficult for everyone to make it home for Mother’s Day,” a spokesperson for the company tells us in an email. “As a result, we’re offering the ultimate Mother’s Day …

Read More

Groupon Recalls Fake, Possibly Holey Condoms

Groupon Australia has admitted that it sold a bunch of counterfeit condoms that may, in fact, be full of holes. The condoms were sold between March 12 and April 10. If you do the math, and it’s not a hard one, you’ll realize there’s a good chance many of these holey condoms have been deployed already. According to the Australian …

Read More

Groupon Updates Us On Ideeli Growth

Back in January, Groupon acquired fashion retailer ideeli for $43 million in cash to extend its presence in fashion and apparel. Such offers had already been popular on Groupon, and the company pointed to research estimating the off-price fashion market to be around $40 billion. “By adding ideeli to our family, we’re better suited to grab a bigger slice of …

Read More

Groupon Broke Records Over The Holiday Weekend

Groupon announced that it experienced a record-breaking holiday weekend for deal sales in North America. The company says it had the most successful four days ever in its six-year history. Black Friday and Cyber Monday specifically were the two biggest days in Groupon’s North American history. For the full Black Friday through Cyber Monday weekend, Groupon’s North American sales were …

Read More

Groupon Getaways Gets Its Own App With ‘Flexible Search’

Groupon just announced the launch of a new travel discovery app based on its popular Groupon Getaways category. This would appear to follow the trend of big Internet companies breaking their services up into more dedicated apps. The new Groupon Getaways app, the company says, includes “flexible search capabilities”. For example, no dates are required in searches. You can browse …

Read More

Groupon Opens Holiday Gift Shop, Contest

Groupon just launched an online holiday gift shop to connect users with deals on stuff in their area, which they can buy as gifts for their friends and families. Just give Groupon your email address and zip code, and you’ll get an experience based on your local area. Users can browse gifts for women, men, kids, and items under $50. …

Read More

Groupon Earnings Released, Revenue Up 27%

Groupon just released its earnings for the third quarter with revenue up 27% year-over-year at $757.1 million, GAAP loss per share of $0.03, and non-GAAP earnings per share of $0.03. The company beat Wall Street expectations. “We had another record quarter, with worldwide billings increasing 39 percent and reaching their highest level ever,” said CEO Eric Lefkofsky. “We also made …

Read More

Groupon Wants To Get Your Business Found In The Search Engines

Groupon announced what it’s referring to as a “bold initiative to build a page that lives on Groupon and search engines for almost every local business in the United States.” The initiative is called Groupon Pages, and is essentially business listings on Groupon, but those that should turn up in a search on Google or Bing, not entirely unlike Yelp …

Read More

Groupon Updates App With Apple Pay Support

Apple officially launched Apple Pay, its new payments product, via an update to iOS 8 today. Third-party apps are also getting updates to add support for it. Groupon announced that it has updated its iPhone app to include it as a payment option. iPhone 6 and 6 Plus users in the U.S. can take advantage. “To use the new payments …

Read More

Groupon Launches Cash For Grocery-Buying App Snap

Groupon just launched a new app for iPhone and Android called Snap, which gives users cash back on certain products they buy. Basically, you go grocery shopping, then find the participating items in the app, and scan your receipts to get cash back on those items. It doesn’t even matter where you did your shopping. According to Groupon, it works …

Read More

Groupon Enhances Deal Builder Tool

Earlier this year, Groupon launched Deal Builder, a self-serve platform for merchants to build their own deals. The company announced on Tuesday that it has added some new enhancements, and that the tool has passed the 25,000 deals milestone. “Deal Builder has been very popular with merchants and has been used to build more than 25,000 deals across all 50 …

Read More

Groupon Launches New Appointment Option

Groupon announced that it is giving local businesses a new time-based deals option that enables them to accept reservations or take appointments so they have more control over when customers actually show up. The complaint about a lack of control is almost as old as Groupon itself. If too many people take advantage of a good deal at the same …

Read More

Groupon Earnings Released, Revenue Up 23%

Groupon just released its earnings report for the second quarter with gross billings of $1.82 billion and revenue of $751.6 million. The company also reported adjusted EBITDA of $59.1 million, GAAP loss per share of $0.03, and non-GAAP earnings per share of $0.01. Revenue was up 23% year-over-year. In North America, it was up 12%, and in the rest of …

Read More

Andrew Mason Starts A New Company Called Detour, Gets Pooped On

It turns out that Groupon founder and former CEO Andrew Mason has been doing more than just sitting around eating ice cream by himself and recording motivational business albums. He’s also been creating a new company called Detour. First of all, let’s get the poop thing out of the way. BloombergBusinessWeek ran an interview with Mason about Detour. The first …

Read More

Groupon Finds ‘Direct’ Traffic Is Really Organic Search

Groupon ran an experiment to try and figure out where “direct” traffic that appears in analytics programs is really coming from. Gene McKenna, director of product management at Groupon, wrote a blog post about the findings for Search Engine Land. McKenna leads Groupon’s organic search efforts. He says they completely de-indexed their site one day “for the sake of SEO …

Read More

Former Groupon CEO Eats Ice Cream Alone In San Francisco

Groupon founder and former CEO Andrew Mason (arguably one of the most entertaining CEOs of our time) gave us an update about what he’s been up to on Twitter. As you may know, after departing the company, he put out a motivational business album (pictured). Lately, he’s been eating ice cream alone in San Francisco. Just had a thing happen …

Read More

Groupon Adds Freebies To iOS App, Android Coming Later This Summer

Groupon launched the Freebies category in its ecommerce marketplace back in November. This gave users a way to get digital coupons, promotion codes, sales, giveaways and samples from participating brands like American Eagle, Best Buy, Macy’s, Nordstrom, and Sephora. Groupon added in-store coupons to Freebies in April. The company announced on Wednesday that the feature is now part of its …

Read More

Here’s A Look At Groupon’s Square Competitor Gnome

Groupon announced the launch of a point-of-sale hardware solution for local businesses called Gnome. It would compete with Square Stand/Register. According to the company, the tablet stand will enable merchants to instantly recognize Groupon customers as they enter the store, and let them redeem Groupons. The solution will integrate with accounting programs like QuickBooks and Exero, and offer CRM tools, …

Read More

Groupon Earnings Released: ‘We Had A Record Quarter’

Groupon just released its earnings report for the first quarter with gross billings of $1.82 billion and revenue of $757.6 million. Gross billings (the total dollar value of customer purchases of goods and services, excluding applicable taxes and net of estimated refunds) were up 29% year-over-year. Those in North America increased 15%. Revenue was up 26% year-over-year, and up 27% …

Read More

Groupon Launches ‘Basics’ Bulk Shopping Service

Groupon just launched an online bulk-shopping service called Groupon Basics. The company says this brings “warehouse scale to online shopping.” “From vitamins to shaving supplies, Groupon shoppers can purchase their favorite products in large quantities and have them delivered right to their doorstep without a membership or monthly fee,” a spokesperson for the company tells WebProNews. “Basics includes many top …

Read More

Groupon Adds In-Store Coupons To ‘Freebies’ Category

Groupon is now providing in-store coupons in its Freebies offering, giving retailers another way to drive traffic to their stores. The company says it’s “providing national retailers with a programmatic way to reach millions of potential customers with targeted promotions that drive traffic into their business.” “With the addition of in-store coupons, national retailers can now use Groupon’s Freebies category …

Read More

Groupon Celebrates Women’s History Month

Groupon has partnered with Barbara Corcora – a businesswoman, investor, speaker, consultant, syndicated columnist, author and TV personality – to celebrate women-led businesses in the U.S. for Women’s History Month. For the first time, Groupon will feature a set of deals from women-led businesses, which customers can support by purchasing. “Women are a powerful force behind the success of one …

Read More

Groupon Earnings Released, Revenue Up 20%

Groupon just released its earnings report for the fourth quarter and full year 2013. Revenue was up 20% for the quarter at $768.4 million with revenue up 18% in North America, but down 15% in the rest of the world. Gross profit increased 6%, to $378.2 million in the quarter. “Our record performance in the quarter was led by strength …

Read More

Groupon Calls Alexander Hamilton “President”

Never learn U.S. history from Groupon. That’s the lesson everyone learned when the day-of-the-deal website declared Alexander Hamilton a U.S. president. February 17 marks Presidents Day and the birthday of the first president, George Washington. Groupon celebrated the day with a promotion that takes $10 off from purchases above $40, but that’s not all. They also said that they are …

Read More

Page 2 of 9«12345»...Last »