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All Posts Tagged Tag: ‘Groupon’

Groupon’s Next CEO Will Not Come From Within [REPORT]

Last week, after a poor Q4 earnings report, Groupon finally ousted CEO Andrew Mason after months of speculation. Executive Chairman Eric Lefkofsky and Vice Chairman Ted Leonsis were tapped to head the “Office of the Chief Executive” and serve in his place until a replacement is found. And it looks like that replacement will come from outside the company. Bloomberg …

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Andrew Mason Does Some Massaging In This Taiwanese Animation

If you’ve been on the Internet since yesterday afternoon, you’ve probably heard that Groupon CEO Andrew Mason has been fired. You can read his letter here. The move wasn’t much of a surprise, as many simply wondered for quite some time when it was going to happen. Naturally, Next Media Animation has a video of its take on how the …

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Groupon Stock Rises On Andrew Mason Departure

As you may know, Groupon fired its CEO on Thursday, a day after another disappointing earnings release, which sent stock tumbling. Since the news broke, the stock has taken a turn for the better. In after hours trading on Thursday, the shares rose as high as 12% from the $4.53 closing price. Things have calmed down a bit in pre-market …

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Groupon CEO Andrew Mason Is Being Replaced

Groupon just announced that CEO Andrew Mason will no longer remain CEO of the company, which he founded. The company reported massively disappointing financial results on Wednesday, and the board has finally had enough. Groupon Executive Chairman Eric Lefkofsky and Vice Chairman Ted Leonsis have been appointed to a newly created “Office of the Chief Executive,” effective immediately. They will …

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Groupon Earnings Disappoint, Stock Down 28%

Groupon reported its Q4 and fiscal year 2012 earnings on Wednesday afternoon, sending stock plummeting as results missed Wall Street estimates. The company posted a net loss of $81.1 million for the quarter, though revenue was up 30% at $638.3 million. Late last year, Groupon CEO Andrew Mason’s job came into question, and now reports are questioning how long he’ll …

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The Latest In Google’s Plot Against Groupon

Google has released a new Offers format for AdWords ads. Larry Kim, CTO of Wordstream, who was an early Google partner on Enhanced Campaigns shared this screen cap with us: Kim calls it “Google’s plan to kill Groupon,” and says these ads matter because: 1) Way better deal than Groupon who requires 50-90% discounted pricing, then takes 50% of that …

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Groupon’s Breadcrumb Adds Inventory Management (And More)

Groupon’s Breadcrumb announced today that it has updated its iPad POS app to include new inventory management features, and some other stuff. The update, the company says, is based on conversations with hundreds of merchants and insights gained from over 10 million menu items sold with the offering. In the inventory management area, the app adds “seamless uploading” of new …

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Groupon CEO Andrew Mason Is Pissed Off About Mayo

Groupon CEO Andrew Mason is not very happy with the state of sandwich shops. More specifically, he’s not very happy about their mayonaise policies. The quirky executive took to Twitter today to rant about the issue (hat tip to Forbes). Follow @andrewmason Andrew Mason @andrewmason I am about to my first multipart twitter rant, even though as I sit here …

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Groupon Acquires Britely Team To Help Build Local Commerce OS

Groupon has acquired MashLogic, the company behind Britely. Britely announced the news on its blog (as first spotted by PandoDaily). It appears that Groupon (which has not announced the acquisition itself) is simply acquiring the company for talent rather than product, as the Britely team will work on a local commerce operating system for Groupon. “We are thrilled to join …

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Groupon’s Breadcrumb Launches AirLift Emergency Parts Replacement

Groupon announced today that its Breadcrumb POS service has a new overnight emergency parts replacement plan called AirLift, which will will let restaurants and bars using the Breadcrumb iPad POS system pay an extra $100 per terminal purchased for this extra service. AirLift, Groupon says, protects businesses for two years, by getting them back up and running with parts replacement …

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Should Groupon Stop Offering Gun-Related Deals?

Groupon, no stranger to controversy, now finds itself in one related to a topic of national debate. The company has, until further notice, halted all gun-related deals. Groupon says it is reviewing this category of deals. Do you think people should be able to purchase gun-related Groupons? Let us know in the comments. If you live in the U.S., there’s …

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Groupon Gives Merchants An ‘Impact Report’

Groupon announced a new tool for merchants on Wednesday, which the company says will help them measure the performance of their Groupon deal. It’s called the Merchant Impact Report. “Merchants now have the ability to access themselves analytics, customer insights and a profit calculator to help them gauge the performance of their Groupon promotion,” a spokesperson for Groupon tells WebProNews. …

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