Groupon

  • DLD 2012 – Andrew Mason: Groupon Now Boasts 10,000 Employees, 70% Outside Of The US

    DLD 2012 – Andrew Mason: Groupon Now Boasts 10,000 Employees, 70% Outside Of The US

    Groupon founder and CEO Andrew Mason was interviewed by Techonomy’s David Kirkpatrick on stage at the annual DLD confab in Munich, Germany. Below are my notes – Mason’s responses are slightly paraphrased. Read More

  • With The Clicky Value-Wheel, Groupon Puts The “No” In Innovation

    With The Clicky Value-Wheel, Groupon Puts The “No” In Innovation

    You can say a lot of things about Groupon, but not that they lack a great sense of humor over there. This morning, the company distributed a press release touting a new invention called Clicky, the Clickable Value-Wheel (make sure you watch the behind-the-scenes video below too). The company invites players to sign in with their Facebook account and then spin the wheel to potentially score… Read More

  • Groupon Merchant Center Now Shows If Customers Love or Hate Your Deals

    Groupon Merchant Center Now Shows If Customers Love or Hate Your Deals

    To combat the lack of transparency around customer satisfaction with daily deals, Groupon today launched a new version of its Merchant Center. It includes the real-time percentage of deal customers who would recommend the business to a friend, plus their comments. Customer satisfaction is a big question for merchants wondering if they should start or continue running daily deals. Data on… Read More

  • Exclusive: Groupon Acquires Stealth Silicon Valley Startup Campfire Labs

    Exclusive: Groupon Acquires Stealth Silicon Valley Startup Campfire Labs

    Groupon has continued its (talent) acquisition spree with the recent purchase of a hot Silicon Valley startup before they even launched – and with extremely little fanfare. We’ve learned that Campfire Labs, which was founded by ex-Googler Sakina Arsiwala (previously Head of International at YouTube) and her husband, social search technology expert Naveen Koorakula (previously at… Read More

  • Patent Troll Sues Google, Groupon

    Patent Troll Sues Google, Groupon

    Sigh. Here we go again. A patent troll called Mount Hamilton Partners has filed two separate patent infringement lawsuits against daily deals juggernaut Groupon and Google, which also operates a digital couponing business called Google Offers. Mount Hamilton Partners, which purports to be an ‘investor in technology companies’ on its website, garnered headlines about two and a… Read More

  • Groupon Buys OpenCal, Launches Online Appointment Booking Service ‘Scheduler’

    Groupon Buys OpenCal, Launches Online Appointment Booking Service ‘Scheduler’

    Now this makes a lot of sense. Groupon this morning announced its latest product, dubbed Groupon Scheduler, an online appointment service that makes it easier for both end users and merchants to go from offer to actual booking. Groupon Scheduler is based on technology from OpenCal, a Vancouver, Canada-based startup Groupon apparently – quietly – acquired in September 2011. The… Read More

  • Presentify.me Turns Unused Groupons Into Gifts

    Presentify.me Turns Unused Groupons Into Gifts

    Looking for a last-minute holiday gift? How about that Groupon you never used? Daily deal vouchers wouldn’t actually make bad presents if there was a way to gift them that didn’t involve an email printout tucked into a card. That’s where Presentify.me, which turns deal vouchers into attractive gift certificates, can help. Read More

  • Surprised? Three Weeks Later, Groupon’s Stock Plummets Below IPO Price

    Surprised? Three Weeks Later, Groupon’s Stock Plummets Below IPO Price

    You don’t need to work on Wall Street to have seen this one coming: Today, for the first time since its NASDAQ debut on November 4th, Groupon has fallen below its IPO price, which initially placed the company’s stock at $20 per share. The company’s stock opened (at first trade) at $28 per share, with a market cap of $17.8 billion. It’s currently hovering at about $17.30… Read More

  • Groupon Gets Into The Holiday Spirit With 2nd Annual “Grouponicus”

    Groupon Gets Into The Holiday Spirit With 2nd Annual “Grouponicus”

    Forget Festivus, today sees the return of the real fake holiday¬†Grouponicus. The site from daily deal giant Groupon is back for the second time with a wide selection of curated deals Groupon users can buy for their friends as holiday gifts. Last year, Grouponicus was available to 15 cities, but today’s launch sees Grouponicus in 41 cities across the U.S. and Canada, including big… Read More

  • Troll Sues Groupon, Yelp Over Mobile Commerce Patent

    Troll Sues Groupon, Yelp Over Mobile Commerce Patent

    Yelp and Groupon are both being sued by a company called Mobile Commerce Framework, an obscure patent troll that earlier filed a similar patent infringement suit against Foursquare. On April 6, 2010, Mobile Commerce Framework (MCF) was issued US Patent No. 7,693,752 by the USPTO, for reasons unknown to mankind. In summary, this patent describes: (After the jump) Read More

  • Andrew Mason on Groupon Dating

    The Groupon IPO: What’s Everyone Worth?

    After going from selling slippers with flashlights to being a 10,000 employee-strong business in three years, Groupon had its initial public offering today, to much fanfare and well, the opposite reaction. The offering was priced at $20 and experienced an exuberant opening pop of $28, which after a day of trading settled down a bit to close at $26. Read More

  • Groupon IPO Shares Pop 40% On First Trade, Debuts At $28 With A $17.8B Market Cap

    Groupon IPO Shares Pop 40% On First Trade, Debuts At $28 With A $17.8B Market Cap

    After some timing drama, daily deal site Groupon finally has begun trading on the NASDAQ this morning, in the most hotly anticipated and largest Internet company IPO since Google. The company — which trades under the ticker $GRPN — priced its shares at $20 last night, but began trading at $28, an increase of 40%. Like LinkedIn, Groupon is only floating a small amount of shares… Read More

  • Groupon Vs. Zynga: Which Company Will Be More Valuable Post-IPO?

    Groupon Vs. Zynga: Which Company Will Be More Valuable Post-IPO?

    ‘Tis the season of the IPO. So far, 2011 has seen companies like LinkedIn, Pandora, Yandex, Zillow, and RenRen come to market. As you’ve heard, Groupon and Zynga are next up in the IPO pipeline, with both companies arriving on public markets within weeks of each other. Groupon, barring some catastrophic event, will begin trading publicly on NASDAQ November 4th, with shares set at $20… Read More

  • Groupon Prices Its IPO At A $12.7B Valuation, Has A Lot To Prove

    Groupon Prices Its IPO At A $12.7B Valuation, Has A Lot To Prove

    Groupon has priced its IPO at $20 a share according to reports, which would give the company a $12.7 billion valuation and mean that it’d be seeking $690 million in tomorrow’s offering, by floating only 5.4 percent of its shares. Read More

  • How Some of the Largest Group Buying Companies Are Killing Groupon in China

    How Groupon Is Losing China

    At this point, it’s no secret: Gaopeng (Groupon’s nascent effort in China) is a train wreck. By September of this year, the seven-month old endeavor had already accumulated $46.4 million in net losses with just $2.1 million in revenue. Meanwhile, a number of competitors in the region are predicting profitability within months. In today’s “Attack Of The Clones”… Read More

  • Private Stock Transactions Up 73 Percent This Year On SecondMarket

    Private Stock Transactions Up 73 Percent This Year On SecondMarket

    Despite a couple big-name companies like Groupon and Zynga lining up for IPOs, the demand for private company stock on alternative exchanges keeps rising. Private stock transactions on SecondMarket in the first three quarters of 2011 totaled $435 million, a 73 percent increase over the same period last year. In the third quarter alone, there were $167 million worth of transactions on… Read More

  • IPOH!: Groupon Becomes Its Own Hot, Discounted Deal

    IPOH!: Groupon Becomes Its Own Hot, Discounted Deal

    With the Groupon roadshow underway and the countdown to its IPO expected to culminate on November 4th, the long-anticipated arrival of the daily deals giant on the public markets is almost at hand. But the journey hasn’t been without its fair share of hiccups. While the company currently owns a 54 percent share of the daily deals market and there were some bright spots in its third… Read More

  • Groupon’s Quarterly Growth Slows To 9 Percent, But Operating Losses Cut To Almost Zero

    Groupon’s Quarterly Growth Slows To 9 Percent, But Operating Losses Cut To Almost Zero

    Groupon has taken a lot of heat over the last six months, some of it deserved, some of it perhaps a bit excessive. There are definitely legitimate concerns about Groupon’s value for small businesses and merchants, but lofty valuations aside, we have to remember that Groupon is still a young company, and the future remains unwritten. Now, while Andrew Mason wearing a suit and a tie… Read More

  • Video: Tie-Wearing Groupon CEO Andrew Mason Pitches IPO To Investors

    Video: Tie-Wearing Groupon CEO Andrew Mason Pitches IPO To Investors

    Andrew Mason (30), who co-founded Groupon and currently serves as its CEO, hasn’t often been spotted wearing a business suit and tie. But when you’re pitching investors on an initial public offering, looking to raise over half a billion dollars at a $11.4 billion valuation, I guess you kinda have to. This morning, Groupon’s IPO roadshow video presentation was published and… Read More

  • Groupon To Sell 30M Shares At $16-$18 A Pop, Valuation As Much As $11.4B

    Groupon To Sell 30M Shares At $16-$18 A Pop, Valuation As Much As $11.4B

    And so it begins. Groupon this morning published the expected price range of its shares, to be sold in an upcoming initial public offering, in an SEC filing. The daily deals company plans to sell 30 million shares at $16 to $18 a pop, which would see Groupon raise between $480 million and $540 million. This would give Groupon a valuation as high as $11.4 billion. Read More