Kid Dynamite submits:
The headline Friday night was "Groupon Said To Reject Google's Offer." Wowza. First, a little background for the uninformed: Groupon is a localized online coupon site. They solicit retailers in various metropolitan cities, inducing them to offer deals which Groupon markets to their audience of eager bargain hunters.
Facebook and Pinterest don't own the social commerce space. Other players, from daily deals site Groupon to Chinese e-commerce giant Alibaba, have also tried to leverage social ingredients to boost retail sales, drive user engagement, and build brand loyalty.
By Rocky Agrawal:Groupon (GRPN) was forced to restate fourth quarter earnings, sending its stock down 6% in after-hours trading. This surprised me as much as my $2 investment in the Mega Millions jackpot not paying off.
Groupon's (NASDAQ:GRPN) stock has recovered significantly in the last few months, thanks to the change in leadership and the company's investment in key growth areas of mobile, 'local' and 'pull'.
Nathan Barton submits:I'm compelled at my initial findings on this idea and wanted to share. As many of you know, there is a phenomenon known as Groupon that has been sweeping the nation and is now moving into other countries as well. For those unfamiliar, what Groupon does is negotiate one really great deal in your city each day at a huge discount (normally 30-90% off) and send it to you in a nice morning e-mail. These deals may be for local restaurants, spas, or fun activities.