Groupon the Latest Company to Lay Off Employees

Groupon is the latest company to announce significant layoffs as a result of the economic downturn.

Groupon CEO: New Plan ‘Moving Us Away From Email Deals’

Groupon announced a business model transformation that moves them away from email and daily deals. Groupon wants their website to be a place for consumers to find great deals and information and a utility for merchants to use every day to grow their businesses, according to Groupon CEO Rich Williams.

Groupon Grabs $250M Investment, Comcast Partnership

Groupon announced that it has secured a new $250 million investment from independent private company Atairos, which supports growth-oriented businesses. Michael Angelakis, Chairman and CEO of Atairos, will also join Groupon’s Board of Directors. Atairos laucnhed earlier this year with…

Groupon Announces New Merchant Tools Including New Tablet App

Groupon announced new website, mobile, and tablet enhancements aimed at making it easier for merchants to create and manage Groupon marketing campaigns across devices. These include redesigned web and mobile tools under the Groupon Merchant brand, as well as a…

Groupon Celebrates A Billion Deals With Stat-Heavy Infographic

Groupon just announced that it recently sold its billionth Groupon, which it says puts it in the “the same elite company as Apple, McDonalds, Uber, The Beatles and Elvis, among others.” “One billion is a lot of Groupons!” a spokesperson…

Groupon’s Snap Changes Direction

Back in 2014, Groupon launched an app called Snap, giving users cash back on certain products they buy at grocery stores. The concept was that you would go grocery shopping, then find participating items in the app, scan your receipts,…

Groupon’s ‘Stronger Than Expected’ Earnings Out

Groupon just reported its financials for Q4 with what the company calls “stronger than expected” results, including a record Black Friday and Cyber Monday period. Revenue grew to $917.2 million from $883.2 million in the same quarter in 2014 (up…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…