Another day, another unfortunate piece of news out of Groupon’s international operations. Today it’s that SoSata, Groupon’s Indian site, got hacked. In a letter to users, Groupon encouraged them to change user names and passwords and assured them no financial information was compromised because none is stored on the site. Compared to the flood of angry headlines about Groupon of late, this… → Read More
Social shopping company LivingSocial this morning announced that it has recruited an experienced chief financial officer, notably mere weeks after Amazon veteran Jason Child was appointed that role at rival Groupon. Funnily enough, Child’s former employer is the company that just pumped $175 million into LivingSocial.
LivingSocial’s fresh CFO is John Bax, a former Wal-Mart executive that most… → Read More
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