Groupon

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

Yet more news of closures at Groupon, the daily deals and local commerce platform. TechCrunch has learned and confirmed that the company has ceased operations immediately in four more countries, all i

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

It's a bad deal today for Groupon, the company that built a business around daily deals for goods and services and has since expanded into areas like commerce solutions for small businesses. The compa

Groupon Names Rich Williams CEO In Mixed Earnings Report

The deal service Groupon on Tuesday announced CEO and co-founder Eric Lefkofsky would step down, and Rich Williams would take over the company immediately. The company said Lefkofsky would return to t

Groupon Is Laying Off 1,100 At A Cost Of $35M, Shutters Operations In 7 Countries

Some significant downsizing is underway at Groupon, the daily deals and local-commerce site. The company is today announcing that it will be cutting 1,100 jobs — mostly in its sales (aka “

Our Marketplace Obsession And Bubble

Service marketplaces have recently become Silicon Valley darlings. The marketplace model has been a popular way for VCs to efficiently tap into the local economies at scale, specifically the $800 bill

Groupon Launches Its Own Food Delivery Business, Groupon To Go

Following its acquisition of food delivery service OrderUp earlier this month, Groupon is today announcing its own nationwide delivery and takeout service, Groupon To Go. The program is initially avai

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 pla

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

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 comp

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 des

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 milli

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 b

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 pla

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

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

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

Groupon Acquires In-Store Analytics And Marketing Startup Swarm Mobile

Groupon just announced that it has acquired <a target="_blank" href="http://www.swarm-mobile.com">Swarm Mobile</a>, a startup that helps businesses connect with and track their customers while in stor

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,

Groupon Q3 Beats The Street On Sales Of $757.1M, EPS Of $0.03

Still pushing hard on its strategy to be more than just a site for daily deals, e-commerce powerhouse Groupon reported its quarterly earnings today, reporting revenues of $757.1 million on non-GAAP ea

Groupon Goes After Yelp And Google With Millions Of Individual Business Pages

Groupon today took one more step ahead in its bid to be a simple daily deals site, and more of a general go-to place for local businesses and all of their e-commerce efforts: it has launched a new fo
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