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Daily Deals Site Groupon Debuts A New App, Getaways, For Travel And Hotel Offers

Daily deals site Groupon says that transport is a fastest flourishing business category, and currently it is rising a new mobile app that it hopes will assistance it gain on that more. Getaways by Groupon, a giveaway app for iOS and Android, bypasses Groupon’s wider concentration on internal businessman deals to focus only on transport packages and hotels (25,000 offers listed right ... Read More »

Groupon Acquires In-Store Analytics And Marketing Startup Swarm Mobile

Groupon only announced that it has acquired Swarm Mobile, a startup that helps businesses bond with and lane their business while in stores. This continues Groupon’s settlement of expanding a offerings for internal businesses over daily deals. Earlier this year, for example, it launched particular business pages and announced an iPad-based point-of-sale service. Meanwhile, Swarm (not to be confused with ... Read More »

Groupon Q4 Beats Street On Sales Of $925.4M, EPS Of $0.06, But Posts Weaker Outlook For Q1

Groupon, a daily deals height that has been creation an bid to dilate a business into internal commerce and some-more mobile services, appears to be branch is boat around. Today, a association posted Q4 earnings with a 20% arise in Q4 revenues to $925.4 million on non-GAAP EPS of $0.06 and GAAP EPS of $0.01 — formula that handily kick analyst estimates. ... Read More »

Sources: Groupon India Has Picked Up $20M From Sequoia

Daily deals and internal commerce use Groupon has made no tip of a skeleton to explore strategic options for a land in Asia, and it looks like it’s not usually Ticket Monster that is on a block. TechCrunch has schooled that Groupon is picking adult outward investment for Groupon India, and Sequoia is heading a assign with a $20 million stake. From ... Read More »

Mozilla Alum Jay Sullivan Lands At Groupon As Its New Head Of Product

Jay Sullivan, once one of a some-more open faces of Firefox browser maker Mozilla and for a while a interim CEO, has flush again: he has joined internal commerce and daily deals site Groupon as a SVP of consumer product, overseeing all tech products such as Groupon’s mobile apps and a website. He will be formed out of Palo Alto and ... Read More »

Groupon Exits Sweden, Denmark, Norway And Finland In Ongoing Global Retreat

Yet some-more news of closures during Groupon, a daily deals and internal commerce platform. TechCrunch has schooled and reliable that a association has ceased operations immediately in 4 some-more countries, all in Europe, where a business has been in decline: Sweden, Denmark, Norway and Finland. The news comes amid a formidable duration during Groupon, that has laid off 1,100 employees, exited ... Read More »

Groupon Sells 46% Of Korea’s Ticket Monster To KKR Consortium For $360M

The long-running doubt mark over Groupon’s ownership of Ticket Monster has been resolved. Today a association announced that it is offered a determining seductiveness in a Korean online offered height to a consortium that includes Anchor Equity Partners, KKR and TMON management. The organisation is holding a 46% of a association for $360 million, valuing Ticket Monster at $782 million, presumption a full ... Read More »

Is Seattle Silicon Valley’s Next Favorite Stop?

Editor’s Note: Hadi Partovi is a record financier and businessman and is a co-founder and arch executive of a Seattle-based nonprofit Code.org. Rich Barton, Glenn Kelman, Ed Lazowska, and Ari Steinberg contributed to essay this.  In a final 10 years, a Seattle tech stage has altered utterly dramatically. In a 1990s and early 2000s, a usually enormous program companies in ... Read More »

Groupon Names Rich Williams CEO In Mixed Earnings Report

The understanding use Groupon on Tuesday announced CEO and co-founder Eric Lefkofsky would step down, and Rich Williams would take over a association immediately. The association pronounced Lefkofsky would lapse to a purpose of authority of a board. Williams told TechCrunch in an talk that he plans to replenish investment in patron merger and boost concentration on streamlining general operations. “We’re ... Read More »

Groupon Slides Nearly 30% On Market Jitters Over CEO Change, Weak Q4 Guidance

It’s a bad understanding currently for Groupon, a association that built a business around daily deals for products and services and has given stretched into areas like commerce solutions for small businesses. The company’s batch opened during $2.81 after dropping more than 30% in pre-market trading, on a heels of a triple-whammy of news: a CEO change; a mixed Q3 report; and diseased superintendence for a arriving ... Read More »

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