Groupon

  • Groupon Acquires OrderUp Food Delivery Service

    Groupon Acquires OrderUp Food Delivery Service

    Groupon appears to be readying itself to expand into food delivery and take on services like GrubHub. Today, the company announced its acquisition of food-delivery service OrderUp and detailed its plans to expand into the $70 billion sector. Read More

  • Groupon’s New Apple Watch App Alerts You To Nearby Deals, Lets You Buy From Your Wrist

    Groupon’s New Apple Watch App Alerts You To Nearby Deals, Lets You Buy From Your Wrist

    Groupon’s deal-finding iOS application was updated today to include support for Apple Watch. Like many Watch apps, Groupon takes advantage of its ability to tap into a user’s location by way of their connected iPhone, then uses this awareness to alert you to deals available near you. Unlike with Groupon’s mobile application, whose home screen features deals in your general… Read More

  • Groupon Names Rich Williams COO As CFO Jason Child Steps Down To Take Up CFO Role At Jawbone

    Groupon Names Rich Williams COO As CFO Jason Child Steps Down To Take Up CFO Role At Jawbone

    Some more exec shifting afoot at daily deals and local commerce site Groupon. Today the company announced that Rich Williams would be its next chief operating officer. And at the same time, the company said that it would be losing its CFO, Jason Child, who will be leaving at the end of July to join Jawbone as its CFO. Perhaps to soften the blow of the financial exec change, the company… Read More

  • 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? Crunch Network

    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