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.
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…