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Groupon is a deal-of-the-day website that is localized to major markets in the United States and Canada. The first market for Groupon was Chicago, followed soon thereafter by Boston and New York City and Toronto. , Groupon serves more than 40 markets. Groupon debuted in November 2008 as part of The Point, a platform for collective action. - Source: Wikipedia
Groupon, an Internet site that works with businesses around the world to provide "Deal of the Day" and other product promotions, has halted all deals involving guns.
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Online deals company LivingSocial is cutting 400 jobs worldwide, or about 9 percent of its work force, as the deals market continues to face challenges.
Online deals company LivingSocial is cutting 400 jobs worldwide, or about 9 percent of its work force, as the deals market continues to face challenges.
Unemployment rates declined last month in more than half of the 372 largest U.S. cities, further evidence of steady improvement in the job market.
In another sign of the troubles faced by once-hot Internet daily deal sites, Washington-based LivingSocial could be the latest such company to announce layoffs. The company is planning to layoff as many as 400 workers, according to a report from The Washington Business Journal Wednesday.
Struggling to survive in the increasingly competitive online marketplace it pioneered, daily deal company Groupon saw its stock price on Thursday hit a new low in late-day trading after another disappointing third quarter earnings report.
Groupon launched a payment service Wednesday that allows businesses to accept credit cards using an iPhone or iPod Touch, becoming the latest company to enter the growing mobile payments market.
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Maryland's football season ticket sales are down 18 percent from a year ago, one last lingering hit for the cash-strapped athletic department from a rough 2011 on the field.
Groupon's stock is 27 percent cheaper Tuesday, but that doesn't make it a bargain.
Groupon's stock is 27 percent cheaper Tuesday, but that doesn't make it a bargain.
Three months after Facebook's troubled launch as a publicly traded company, its troubled stock faces another challenge Thursday when millions more shares could flood the market and add downward pressure to a stock that already has lost nearly half of its initial public offering price.
Groupon shares tumbled 20 percent to the lowest price in company history Monday after the daily deals website disappointed investors with its second quarter earnings results.
Groupon's announcement that its revenue and earnings were lower than what it reported in February is sparking fresh worries about the young company's business model.
