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Groupon

Groupon Acquires Breadcrumb For $10-$15 Million

The daily deal site Groupon has acquired Breadcrumb, its latest acquisition. Breadcrumb builds a point-of-sale solution for the iPad. Citing “source,”...

As Facebook Starts Trading With 10.5% Higher, Stock Price Of Other Tech Companies Starts Dazzling

Facebook starts its first day of trading with $42.12 per share price, up 4 points (10.23%). The social giant sets it’s per share value at $38. This...

Groupon

Groupon Hires Ex-Amazon Exec As VP Of Engineering

The daily deal site, Groupon hires another Amazon executive: this time the company added Vinaya Hegde as its new VP of Engineering, AllThingsD reports....

Groupon Q1 2012: Revenue Was $559.3 Million, Up 89%, Operating Income Was $39.6 Million

Groupon has announced financial results for the first quarter 2012. Revenue increased 89% to $559.3 million in the first quarter 2012, compared with $295.5...

Groupon

Groupon CEO: Wants To Build An ‘Operating System For Local Commerce’

Groupon CEO last words to the company asking to avoid not to take stupid risks, the company co-founder and CEO, Andrew Mason says n a letter to stockholders...

Groupon CEO: We Must Avoid Taking ‘Stupid Risks’

The daily deal site Groupon’s CEO Andrew Mason told his employees that “we must avoid taking stupid risks”, according to The Wall Street Journal....

Groupon Replaces International Chief

The deal-site Groupon has announced that Veit Dengler will become senior vice president of international operations, replacing Marc Samwer, who had joined the company as part of its 2010 acquisition of German firm Citydeal. The company’s international business division accounts pretty well as it is able to generate half of provider’s revenue. Dengler, an Austrian,...

Groupon Hit With Another Lawsuit From Company’s New Shareholder

The deal giant Groupon has been hit with another lawsuit from company’s new shareholder. The latest complaint, filed Thursday in U.S. District Court for the Northern District of Illinois Eastern Division, is a derivative lawsuit that accuses the daily-deals site’s directors of management failure. Theresa Monturano in the lawsuite claims the company’s management...

Groupon’s Share Continue Falling Down, Last Closed At $14.54 A Share, Down 3.2 Percent

Just less than five months time when Groupon goes public, the company stock price keeps on lagging down and down. The daily deals company’s share slid another 3.2 percent (or 48 cents), and close at $14.54 a share, that is what actually half the $31.14 price some of investors paid at the stock’s high point. At today’s close, the company’s stock hits a new low....

Alisher Usmanov Become Russia’s Richest Man Over The Stakes He Holds In Internet Companies Including Facebook, Groupon And Others

Russian oligarch Alisher Burkhanovich Usmanov, the Muscovite who controls the Metalloinvest metals and mining company, is one of the richest man in the...