Scoutmob Attracts Investors and Partners by Saying It’s Not a Daily Deals Company

Scoutmob was able to attract $3.25 million in new funding and a major new payments partner, by pitching itself as a mobile company and not as a fledgling competitor in the daily deals space.
scoutmob_logo

Google Offers Start Appearing on Maps, Coming to More Properties Soon

Google has integrated Groupon-like offers into Google Maps, and it’s not stopping there. Expect to see deals on other Google properties with a strong location, social or commerce component soon.
google_offers_maps

Code Advisors Takes a $25 Million Investment From J.P. Morgan

Big and little investment banks join hands to take on Silicon Valley better.
CodeAdvisorsLogo-feature

As Groupon Publicly Struggles, LivingSocial Continues to Grow

While Groupon’s problems continue to play out in a very public forum, the No. 2 daily deals provider is quietly gaining momentum.
livingsocial_deals

Exclusive: Amazon Starts Bringing the Art of Recommendations to Daily Deals

In the daily-deals space, men still are being offered Brazilian bikini waxes and women are pitched discounts to the barbershop. Here’s how Amazon is starting to fix that.
AmazonLocal_deal preferences

Google, Amazon Are Potential Buyers for Deal Site Travelzoo

Travelzoo’s stock soared by nearly 30 percent today on news that the 14-year-old deals site is planning to sell itself.
travelzoo_phones

Groupon’s Stock Tanking and Lawyers Circling After Issuing Correction

Groupon’s stock is down by as much as 13 percent this morning, after announcing last Friday that it incorrectly calculated revenue in the fourth quarter.
Groupon_mason celebrating at Nasdaq

LivingSocial Finds That Full-Price Offers Work Better on Mobile Than Discounts

Will mobile commerce as it has been envisioned for years ever take off?
takeout_meal

Amazon’s Gift Card Promotion Nets $5 Million and Lots of New Subscribers

In just 17 hours yesterday, AmazonLocal sold one million Amazon gift cards, netting $5 million, in the company’s most successful promotion to date in the daily deals space.
amazonlocal_sold out

Amazon’s Key to Beating Groupon in the Daily Deals Space Is Its 164 Million Paying Customers

Amazon’s online catalog offers millions of everyday items for sale, but how many consumers think of visiting Amazon to buy a meal in a restaurant or a haircut at the local salon?
amazongiftcards crop