Groupon

  • Groupon Launches Breadcrumb Live To Bring Point-Of-Sale Management To The iPhone

    Groupon Launches Breadcrumb Live To Bring Point-Of-Sale Management To The iPhone

    Groupon has been expanding its footprint beyond daily deals for some time, and today the company is doubling down on its investment in its restaurant point-of-sale system Breadcrumb with a new app designed to bring live sales data to the iPhone. With Breadcrumb Live, the company is offering restaurant owners the ability to pull up sales information, check counts, performance trends and… Read More

  • Groupon’s Shares Gyrate In Wake Of Profit Beat, Revenue Miss In Q1

    Groupon’s Shares Gyrate In Wake Of Profit Beat, Revenue Miss In Q1

    After the bell today, Groupon reported its first-quarter financial performance. The company, best known for its discount coupons to local businesses, earned an adjusted $0.03 per share on $750.4 million during the period. Those figures compare to street expectations of a $0.01 per-share profit, and revenue of $812.19 million. Down around 3 percent in regular trading, Groupon is now mostly flat… Read More

  • Is Seattle Silicon Valley’s Next Favorite Stop?

    Is Seattle Silicon Valley’s Next Favorite Stop?

    In the last ten years, the Seattle tech scene has changed quite dramatically. In the 1990s and early 2000s, the only gigantic software companies in town were Microsoft and Amazon. For a time it even became common knowledge that most Seattle-based startups had only two viable exit strategies: go public, or get acquired by Microsoft. Read More

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

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

    The long-running question mark over Groupon’s ownership of Ticket Monster has been resolved. Today the company announced that it is selling a controlling stake in the Korean online shopping platform to a consortium that includes Anchor Equity Partners, KKR and TMON management. The group is taking a 46% of the company for $360 million, valuing Ticket Monster at $782 million, assuming… Read More

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

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

    Jay Sullivan, once one of the more public faces of Firefox browser maker Mozilla and for a while its interim CEO, has surfaced again: he has joined local commerce and daily deals site Groupon as its SVP of consumer product, overseeing all tech products such as Groupon’s mobile apps and its website. He will be based out of Palo Alto and will report to Groupon’s CTO Sri… Read More

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

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

    Daily deals and local commerce service Groupon has made no secret of its plans to explore strategic options for its holdings in Asia, and it looks like it’s not just Ticket Monster that is on the block. TechCrunch has learned that Groupon is picking up outside investment for Groupon India, and Sequoia is leading the charge with a $20 million stake. From what we understand, the deal… Read More

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

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

    Groupon, the daily deals platform that has been making an effort to widen its business into local commerce and more mobile services, appears to be turning is ship around. Today, the company posted Q4 earnings with a 20% rise in Q4 revenues to $925.4 million on non-GAAP EPS of $0.06 and GAAP EPS of $0.01 — results that handily beat analyst estimates. Analysts were expecting revenues… Read More

  • Groupon Acquires In-Store Analytics And Marketing Startup Swarm Mobile

    Groupon Acquires In-Store Analytics And Marketing Startup Swarm Mobile

    Groupon just announced that it has acquired Swarm Mobile, a startup that helps businesses connect with and track their customers while in stores. This continues Groupon’s pattern of expanding its offerings for local businesses beyond daily deals. Earlier this year, for example, it launched individual business pages and announced an iPad-based point-of-sale service. Read More

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

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

    Daily deals site Groupon says that travel is its fastest growing business category, and today it is launching a new mobile app that it hopes will help it capitalize on that more. Getaways by Groupon, a free app for iOS and Android, bypasses Groupon’s wider focus on local merchant deals to focus only on travel packages and hotels (25,000 offers listed right now), similar to the… Read More

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