News Byte

Groupon Says It Wants to Give Away $100 Million in Groupon Credits, but There’s a Big Catch

Groupon announced on Tuesday that it will offer a total of $100 million in Groupon credits — known as Groupon Bucks — to its customers on Black Friday, but the promotion comes with big restrictions. Customers who sign in on Black Friday and receive up to $500 in credits need to use the entire amount that day on a single purchase, while those who receive $5,000 in Groupon Bucks have until year’s end.

Now It’s Groupon’s Turn to Look Unoriginal

Suddenly, coupons are hot.
12100030-amazon-discount-coupons-2013-and-free-shipping-deals-save-up-to-90-feature

The Risky Groupon Initiative That Beat Back LivingSocial Perhaps Once and for All

When Groupon discounted its own service, Wall Street balked. But it may have been one of the smartest moves the company has made.
groupon_book_cover

Before Groupon Came Calling, LivingSocial and Ticket Monster Were Once One Big Happy Family (Video)

LivingSocial and Ticket Monster’s CEOs had high hopes for their marriage back in 2011 at AllThingsD’s AsiaD conference.
livingsocial_wall

Groupon to Acquire LivingSocial’s Ticket Monster for $260 Million; Q3 Revenue Misses

LivingSocial found a buyer for its Korean business in its biggest competitor.
groupon_tv screens

With Search-Heavy Redesign, Groupon Starts Acting Like a Deals Marketplace

Another move away from a reliance on daily-email marketing.
New Groupon homepage home page

Why Amazon Prime’s Top Exec Bolted for a New Job at Groupon

Yet another senior employee — 10-year vet Robbie Schwietzer — departs the Seattle e-commerce giant for the Chicago-based deals company.
departures

Zulily, Not Gilt Groupe, Will Be the First Deals Site to Go Public Since Groupon

An IPO that the e-commerce industry will be watching closely.
zulily_images

News Byte

Groupon Hires Amazon Prime Boss Robbie Schwietzer

Ten-year Amazon veteran Robbie Schwietzer, who was most recently VP of Amazon Prime, has joined Groupon as SVP of operations. Groupon also announced the hiring of former Angie’s List exec David Kerr, who is tasked with building a marketplace for home-related service providers.

Early Groupon Backer NEA Dishes Out $226 Million in Deal Site’s Stock

Those who received shares had contributed to NEA’s 12th fund.
groupon_tv screens

News Byte

Groupon Acquires Former TechStars Startup SideTour

Groupon announced on Wednesday that it was acquiring SideTour, an online marketplace for unique tours and activities in New York City, Chicago, Philadelphia and Washington, D.C. The New York City-based startup is a graduate of the TechStars accelerator program, and had raised $4 million in venture capital. Groupon said it will now distribute SideTour experiences to its subscribers and website visitors.

News Byte

Groupon Acquires European HotelTonight Competitor Blink

Groupon announced today that it has acquired last-minute hotel-booking app Blink, which is based in Spain and focused on the European market, for an undisclosed amount. The move comes a few days after HotelTonight, the San Francisco-based company that offers a similar service — focused mostly thus far on the U.S. — raised a giant $45 million investment round.

News Byte

Groupon Brings Payments Product to Verifone Credit Card Terminals in Bid for Mass Adoption

Small businesses that use credit card terminals from Verifone and Ingenico can now use Groupon for payments processing, the company announced today. Previously, merchants could only use Groupon Payments via mobile phones and tablets. Business owners can configure existing Verifone and Ingenico credit card terminals or purchase or rent new Verifone devices from Groupon.

News Byte

Groupon Buys Social Gifting Startup Plumfare

Groupon is continuing to build out its restaurant-focused services by acquiring social gifting app Plumfare, a Groupon spokesperson confirmed. Plumfare prompts restaurant goers to photograph a drink or food item and then send it to a friend as a symbol of a gift. Plumfare, which launched last year, takes a cut of the transaction when the gift recipient redeems it. VentureBeat first reported the acquisition.

Groupon Wants to Be Costco, Not Amazon, CEO Says

Eric Lefkofsky wants the Goods business to be a curated selection of discounted products.
grpnhrt380

Groupon Has More “Speed … Care … Focus” Under Lefkofsky, Ted Leonsis Says

The CEO search never left the building.
eric_lefkofsky

Groupon Names Eric Lefkofsky Permanent CEO; Q2 Revenue Beats Street

A big day for the original daily-deals company.
groupon_tv screens

Is Groupon Goods a Daily-Deal Savior or a Low-Margin Distraction?

Analysts will be looking for this answer and more when the CEO-less deals company reports second-quarter earnings later.
groupongoods2

News Byte

Groupon Updates Its Breadcrumb Point-of-Sale So It Can, Well, Redeem Groupons

Groupon is today releasing an updated version of its Breadcrumb point-of-sale app that will, among other things, have a Groupon redemption feature built into it that automatically tallies how many Groupon vouchers have been redeemed. The update also stores transactions for up to an hour, in case a merchant loses its Internet connection, and processes those transactions that happened offline when the connection is back up. Additionally, merchants with large menus are getting a search function to help them save a bit of time.

Groupon Relaunches “Reserve” Business to Help Restaurants, Hotels and Spas Fill Off-Peak Reservations

The daily deals company continues its diversification.
GrouponReserve

It’s a (Kindle) Fire Sale! On Groupon.

Just in time for beach-reading season.
kindle_fire_hd

CEO of India’s Snapdeal: “This Is the Pivot Groupon Always Wanted to Make”

Is the next great e-commerce marketplace being built in India?
snapdeal_founders

News Byte

Hedge Fund Investment Pulls Zynga, Groupon Shares Out of the Weeds

Zynga and Groupon shares shot up 7 percent and 5 percent, respectively, on news of an investment from hedge fund Jana Partners, first reported by Reuters earlier this morning. The long-term picture of both companies’ stock prices has been less than rosy. After peaking in March 2012 at close to $15 per share, Zynga hasn’t risen above the $5 threshold in nearly a year. Meanwhile, Groupon has similarly remained below $10 per share in the same time frame, peaking shortly after its November IPO close to $26 per share.