Amazon.com's purchase of Whole Foods Market is showing up in the wine category. Amazon has shut down Wine.Woot and its own wine marketplace in favor of Whole Foods expansive wine operation.
The daily deals ecommerce operator Groupon will buy its rival LivingSocial for an undisclosed amount, the companies announced Wednesday.
Daily deal websites, such as Groupon and LivingSocial, have emerged as a popular way for small local merchants to conduct online promotions, but unlike other online and offline discount sources, they continually track and ...
Take another discount on the stock price: Groupon fell hard on Wednesday as the company's new chief executive laid out his strategy in the face of a weakening sales.
Online deals group LivingSocial said Wednesday it was cutting a further 20 percent of its workforce as it transitions to become an "experiences marketplace."
Some big challenges lie ahead for LivingSocial, the online marketplace known for its daily deals and discounted prices on restaurants, spas and local activities. But that's where the company's new chief executive, Gautam ...
LivingSocial, like its larger rival Groupon, is working to move beyond daily deals.
Investors have turned skeptical on Groupon, growth has slowed, and hundreds of would-be competitors have disappeared from the crowded daily-deal landscape, but that doesn't mean a fadeout to the era of the discounted restaurant ...
In spring 2011, Groupon Inc. was said to be worth as much as $25 billion - an amazing valuation for a company that still isn't four years old.
Over the past year, some news reports have questioned the long-term viability and popularity of daily deal companies, but the industry shows no evidence of slowing down, according to a new study from Rice University.