All Posts Tagged Tag: ‘Groupon’

Groupon Reportedly Testing Payments Product

Groupon is reportedly testing a new payments offering, and is giving merchants complimentary iPod Touches and card readers. Rocky Agarwal at VentureBeat says he was forwarded an email from a business who was solicited for it. Agarwal reports: The pricing is extremely aggressive, with a 1.8% transaction fee and a 15 cent per transaction charge for transactions processed through the …

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Groupon Stock Spike; Something’s Fishy?

Something looks fishy to regulators over on Wall Street. Groupon shares jumped an incredible 18.5% Monday from their close on Friday. Coincidently, Groupon announced their first profit ever in their first quarter earnings report for 2012, just after the stock market closed that evening. More than 16 million Groupon shares changed hands that day. Now the Financial Industry Regulatory Authority …

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Groupon Stock: Earnings Better Than Analysts Predicted

Groupon stock shot up almost 18 percent during after hours trading on Monday when first quarter earnings turned out to be much better than analysts had originally predicted. Thanks to increased demand from consumers, the company posted a smaller net loss than those on Wall Street had originally anticipated. This, of course, is very good news for the people over …

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Groupon’s Q1 2012 Results Might be Misleading

Groupon’s shareholders must have been rejoicing over the company’s most recent earnings report even though stock hasn’t quite made it back up to the IPO pricing. In fact, it is the first quarter Groupon’s statement has even reflected a profit. Unfortunately, like many things, there’s more to the story than meets the eye. The crew over at Business Insider have …

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CBS Picks Up Sitcom Based On Groupon

Social media has been trying to put it’s foot in the television door. It started with a William Shatner sitcom titled “$#*! My Dad Says,” but it got cancelled after 18 episodes. Then it was thought that a TV show or movie based on a social network was completely foolish. Enter “The Social Network”, the semi-true story of the creation …

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Groupon Finally Earns a Profit, Stock Shoots Up 18%

Groupon has shocked Wall Street with their first ever profitable quarter. Their first quarter 2012 financial report is in and things are looking really good. Revenue has increased almost 90% and they brought in $559.3 million as compared to only $295.5 million at the same time in 2011. Gross billing for the quarter reached $1.35 billion which is a 103% …

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UpMyStreet Acquired by Zoopla

Zoopla, a UK-based property and house prices website, has just acquired veteran British web domain UpMyStreet, a localized information portal of service listings. Likewise, Zoopla itself is in the process of merging with the Daily Mail’s Digital Processing Group. UpMyStreet website users are already being directed to Zoopla, and some assume the merger might’ve plainly involved staff and data, as …

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The Rise of Geosocial-Based Internet Services [Pew Research]

It seems like everyday there’s another location-based service popping up to offer us an incentive to either broadcast our location of cash in on some exclusive deal. Sites like Foursquare and Gowalla were the focus of Pew Internet Research’s latest study. What they wanted to know is how often are people using these sites, and what demographics visit them most …

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Groupon’s Rewards Program Now Available Nationwide

Groupon today announced that its Rewards program, which it began testing in September 2011, has now launched nationwide to the U.S. Groupon Rewards is a loyalty program that uses credit cards to track spending at retailers who use Groupon. The merchants can then reward customers who spend a certain amount. It’s the Groupon version of a coffeehouse punch card or …

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Facebook Now Testing Offers For Online Retailers

The recently launched Facebook Offers beta allows businesses of all types to create coupons for their fans on Facebook. The program takes aim at other coupon services such as Groupon and one of community newspapers’ last reliable sources of revenue – the weekly coupon mailer. While Facebook Offers isn’t quite ready to take the place of a super-saver, online coupons …

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Groupon Is Taking 2,000 “Campers” to Chicago

Groupon wants to

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Groupon’s Financial History [Infographic]

Yesterday I reported on a letter to shareholders from Groupon CEO, Andrew D. Mason. The main point of the letter was to express his vision for the future of the online coupon giant and to lay out the pieces of the puzzle so Groupon’s actions made more sense to investors. One key point Mason stressed was that heavy investments back …

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