Chicago-based daily-deals website Groupon watched its already discounted stock price plunge by 20% after the company reported …
Andrew Mason
The Social Media Tech IPO Boom: An Insider’s Game?
Billion-dollar cash-outs at Facebook, Zynga and Groupon. Abysmal stock performance.
How Groupon Saved a Zoo – And Ruined a Waffle Restaurant
Judging by the experiences of some small business owners, Groupon has tremendous make-or-break power. A daily deal from Groupon can turn a business around, in ways that are good or, possibly, deadly.
Groupon Faces SEC Probe, Investor Lawsuit as Stock Hits New Low
Groupon’s headaches are growing more serious. Just days after an accounting snafu forced the discount website to reveal a greater-than-reported fourth-quarter loss, the company was slapped with a shareholder lawsuit accusing its …
Why Groupon’s Fuzzy Math Should Worry Investors
What is it with daily-deals website Groupon and accounting? The latest snafu came Friday when the company restated earnings to reflect a larger fourth-quarter loss after failing to set aside enough money to account for customer …
Groupon Shares Tumble 15% After Fourth Quarter Loss
Online discount service Groupon continues to grow at a rapid clip, but the company is still losing money, posting a $42.7 million loss for the fourth quarter of 2011. Groupon shares fell over 15% in after-hours trading Wednesday …
Online Group Buying, Phase II
When they first emerged onto the discount shopping scene, group-buying sites like Groupon offered discount coupons for a range of merchandise and service with one main caveat: The discounts would only be valid if a specified minimum number of customers agreed to the deal. Now that the masses have jumped onto the group-buying bandwagon, …
Personalized Deals Coming to Groupon
Group-buying discount site Groupon is getting personal. Instead of offering one and only one daily deal to members in a given city, the site will select from a handful of deals and send you one you’re most likely to actually want.
“Collective Buying Power” Site Groupon.com Flush with Cash, Prepped to Expand
Not only has the website been profitable since June, but Groupon—which announces specially discounted daily offers on everything from massages to bike tours in certain U.S. cities—has raised $30 million and wants to expand its bulk-buying collective to 50 more cities next year.
Q&A With Groupon.com Founder Andrew Mason
“Collective Buying Power” is the apt slogan of Groupon, a rapidly-expanding bulk-buying website in which members get big discounts on everything from yoga classes to pro baseball tickets to teeth-whitening services to live lobsters—so long as a certain number of members sign up for the offer.