Groupon buys rival LivingSocial after reporting loss
The daily deals ecommerce operator Groupon will buy its rival LivingSocial for an undisclosed amount, the companies announced Wednesday.
Business
Oct 27, 2016
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News tagged with daily deals
Study: Daily deal websites can capitalize by displaying sales numbers
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 ...
Economics & Business
Apr 7, 2016
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3
Groupon takes fresh hit as new CEO outlines strategy
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.
Business
Nov 4, 2015
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LivingSocial cuts deeper, slashes 20% of staff
Online deals group LivingSocial said Wednesday it was cutting a further 20 percent of its workforce as it transitions to become an "experiences marketplace."
Business
Oct 14, 2015
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LivingSocial's new CEO eyes an experience-oriented future
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 ...
Business
Dec 24, 2014
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1
Daily-deals companies tweak models as novelty fades
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 ...
Business
Sep 28, 2012
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Groupon CEO Andrew Mason deals in growth, looking forward
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.
Business
Sep 16, 2012
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Daily deal industry shows no evidence of slowing down
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.
Economics & Business
Jul 5, 2012
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US online-deals firm eyes road less traveled
Online coupons are last year's news. That is the view from number two US online deals firm Living Social, which is battling sector leader Groupon by offering what executives call "unique" or original experiences that are ...
Business
Jul 3, 2012
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Groupon newest deal to reward customer loyalty
(AP) -- Groupon has come up with another way for bargain hunters to save money as the online coupon distributor prepares to raise money from wary investors.
Internet
Sep 28, 2011
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