Tag: Daily Deals


Groupon reports Q1 $37.8 mil net loss, record billings in brave new marketplace

Groupon reports Q1 $37.8 mil net loss, record billings in brave new marketplace

While Groupon still struggles to become profitable, its brave, aggressive and constantly innovative transition to online marketplace brought Q1 2014 billings to a record high of $1.82 billion, up 29 percent year-over-year (YOY) .  Its net loss of $37.8 million was a 50 percent improvement over Q1 2013. On the earnings call, Groupon CEO Eric Lefkofsky attributed much of the loss to the cost of t

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LivingSocial revenue drops 40% YOY, Doug Miller promoted to CRO

For the first quarter of 2014, LivingSocial has just reported net income of $177 million, as compared to a net loss of $45 million for Q1 2013.  The positive figure was primarily based on its sale of Ticket Monster to Groupon, while overall revenue actually dropped 40 percent. As part of its turnaround efforts, in Q1 LivingSocial introduced an automated refund process called



SanomaVentures invests in Roomlr

SanomaVentures has invested in Roomlr.com, the international search engine for holiday rentals. With a database of 1.4 million locations, Roomlr offers a new and easy alternative for finding a holiday house or apartment anywhere in the world. Roomlr is located in Amsterdam, the Netherlands. The company was founded in 2013 by Bas Lemmens, who w

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Groupon pull, mobile revamp working

Groupon pull, mobile revamp working

Groupon is  amazing for its ability to almost totally transform its model and still  increase revenue from 2012 to 2013 by 10 percent. The Groupon team clearly gets the message that the heyday of push daily deals - sending emails out every day, for limited time offers - has come and gone. Groupon is steadily evolving to the world of a pull marketplace, and while it has differentiaters, is sounding

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LivingSocial CEO reveals 2014 must-do’s

LivingSocial CEO reveals 2014 must-do’s

LivingSocial, one of the foremost daily deal veteran sites, is working to evolve beyond its daily deal roots. CEO Tim O'Shaughnessy recently revealed to The Washington Post the five tasks the site is focusing on for the coming year: 1. Getting back to growth, with more ways for

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Groupon keeps moving past daily deals

Groupon keeps moving past daily deals

The original email-alerts concept of daily deals is gasping its last breath, and no one seems to know it better than Groupon, a daily deals veteran.  All that Groupon is doing to evolve from its original daily deals model offers lessons for other daily deals providers and publishers. Most importantly, Groupon continues its move from a push (daily email alerts of deals) to a pull (full online marke

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Amazon exec Robbie Schwietzer named Groupon’s SVP of operations

Amazon exec Robbie Schwietzer named Groupon’s SVP of operations

Robbie Schweitzer, who spent 10 years at Amazon - half of that running Amazon Prime - has just taken over as SVP of operations at Groupon. In a conversation with All Things Digita


Groupon buying Blink for hotel stays; battling Yelp for reservations?

Groupon buying Blink for hotel stays; battling Yelp for reservations?

blinkWhile at first glance these are two very different business models, Yelp and Groupon might end up going head to head for at least one part of their revenue

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Yelp discusses monetization, marketing, int’l expansion

Yelp discusses monetization, marketing, int’l expansion

According to Rob Krolik, CFO at Yelp, the consumer-review giant's international business might well become bigger than its huge presence in the U.S. Krolik spoke at the Citi 2013 Technology Conference, about Yelp products and monetization. "We started in San Francisco, honed the play book and rolled out in the U.S.," Krolik t

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Publishers can now affiliate with Groupon, through new Partner Network

Smartly-evolved Daily Deals giant Groupon just announced an affiliate program called Groupon Partner Network.  The program gives publishers far more opportunities than the traditional "publish-our-widget-and-we'll-give-you-a-cut-of-all-that-brings-us" programs. Groupon's new networ

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