Gilt City Acquires Daily Deal Site BuyWithMe
Lifestyle and luxury daily deal site Gilt City, part of the Gilt Groupe, has shelled out on a new purchase for itself: BuyWithMe, once belie… Read more at paidContent »
Lifestyle and luxury daily deal site Gilt City, part of the Gilt Groupe, has shelled out on a new purchase for itself: BuyWithMe, once belie… Read more at paidContent »
A year after NBC (NSDQ: CMCSA) Universal’s local division launched shopping guide network The Feast, the property is being handed over to it… Read more at paidContent »
Google (NSDQ: GOOG) is collaborating with discount luxury network Gilt City as it looks to expand its Google Offers deals service. The partn… Read more at paidContent »
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Hyperlocal startups in a crowded marketplace are testing new ways to stand out, and they discussed their strategies at the Street Fight Summ… Read more at paidContent »
Google Offers, which has been slowly rolling out nationwide, is taking a big step forward today with the announcement that it will start offering deals from 14 partners. It’s also implementing new personalization tools that help deliver much more targeted discounts to users. Read more »
After Groupon spurned its $6 billion offer last year, Google (NSDQ: GOOG) decided to launch a deal-of-the-day site of its very own. It looks… Read more at paidContent »
Groupon will sell 30 million shares in its upcoming IPO, priced at $16 to $18 per share. The company estimates its net proceeds will be $478… Read more at paidContent »
Groupon is moving forward with a scaled back initial public offering and is showing some better progress toward profitability. The company said that it will sell 30 million shares at $16 to $18 million a share, which would raise up to $540 million. Read more »
Groupon is planning an IPO of around $500 to $700 million in the next two weeks, according to reports in DealBook and the Wall Street Journa… Read more at paidContent »
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LevelUp, the daily deal play from location-based service SCVNGR, is making another go of it, this time with a credit-based structure that utilizes a new mobile payment system built by SCVNGR. The service is now expanding beyond Boston and Philadelphia to New York and San Francisco. Read more »
The third quarter of 2011 was a busy one in the connected consumer segment. Netflix shot itself in both feet with its clumsy public handling of a price hike and spin-off of its DVD business this quarter — though the move may eventually pay off. Facebook, meanwhile, unveiled a major revamp of its news feed and user profile features, including the addition of real-time sharing of activity, while Amazon delievered its new $199, tablet-like Kindle Fire and posed perhaps the strongest challenge yet to the iPad’s overwhelming dominance of the tablet market. Finally, and despite the hopes of the cord cutters out there, the traditional pay-TV business remains as stubbornly undisrupted as ever. Companies mentioned in this report include Hulu, LivingSocial and Spotify. For a full list of companies, and to read the full report, sign up for a free trial. Read more at GigaOM Pro »
Unorthodox accounting metrics are not new to Groupon. In the latest instance, the daily deal site says it isn’t happy that some “clever peop… Read more at paidContent »
Reports of the death of Groupon’s IPO plans have apparently been greatly exaggerated. The online daily deals pioneer filed an updated version of its S-1 document with the SEC Friday, as part of its preparation for an initial public offering of its stock. Read more »
Hoping that students will come to rent A Concise Guide to Macroeconomics and stay for the discounted pizza, Chegg is launching Chegg Deals,… Read more at paidContent »
September can’t end soon enough for Groupon. The month brought a string of staff departures, SEC spats and the indefinite shelving of the co… Read more at paidContent »
Once again, Groupon is in the news for all the wrong reasons. Margo Georgiadis, hired as COO only five months ago, is going back to Google (… Read more at paidContent »
Women’s fashion and lifestyle e-newsletter and deals network DailyCandy is unveiling its first foray into broadband video through its partne… Read more at paidContent »
Google (NSDQ: GOOG) at the moment gets the vast majority of its revenues from its huge advertising business, but today we saw two examples o… Read more at paidContent »
Google, whose daily deal product Google Offers is off to a slow start, appears to be in this game for the long haul with another acquisition aimed at firming up its nascent business. Google has bought up DailyDeal, a German deals provider. Read more »
With newspapers having suffered through 20 straight quarters of decline — and no end in sight — a collaborative effort on the part of the… Read more at paidContent »
Foodspotting, the app for finding and rating restaurant dishes, is getting in on the daily deals action. It plans to announce Tuesday that it is hooking up with Atlanta-based local deals purveyor Scoutmob to offer 50 percent and 100 percent off coupons for nearby restaurants. Read more »
What do you get when you cross Groupon with a porn site? FriendFinder Networks is about to find out.
The Penthouse publisher and adult soci… Read more at paidContent »
CityPockets, which organizes daily deals from about 30 sites including Groupon, Living Social and others, is now improving its mobile application to include not only a digital wallet but also a secondary market for daily deals that people can search for, buy and redeem instantly. Read more »
Earlier this week came reports that the daily-deals site, suddenly unpopular with both users and investors, is considering shelving its long… Read more at paidContent »
Ever since it emerged from Chicago’s small startup community in 2008, Groupon has had nothing short of a spectacular story in terms of its growth: With estimated annual revenues of more than $4 billion after just three years of existence, the poster child for the “group ... Read more at GigaOM Pro »
Groupon is “reevaluating its plans to go public in the face of stock market volatility” and has canceled its roadshow scheduled for next wee… Read more at paidContent »
Earlier this week Yelp said it was revising its daily deals strategy after encountering some “real challenges” in the space. According to new data from daily deals analysis firm Yipit, those challenges were indeed severe — and they may not be unique to just Yelp. Read more »
Yipit, a New York City-based deals aggregator and recommendation service, is growing fast and leveraging its wide knowledge of the tumultuous daily deals market. The company is not just rounding up deals, it’s also selling its data insights about this fast-growing market. Read more »
» Sale Ending Soon? Yelp Rethinks Its Daily Deals Service (paidContent)
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The rapid growth of me-too daily deal services was bound to see a turn at some point, and it looks like that moment has come. Today, it emer… Read more at paidContent »
Groupon may be in a quiet period as it gears up for its IPO, but it has been the subject of many a story questioning its business. Now, a le… Read more at paidContent »
Another social media service bites the dust. Facebook has today announced that it is shutting down Facebook Deals, a daily deals service tha… Read more at paidContent »
Facebook’s big bid to take on Groupon and other deal sites is coming to an end, at least for now. The company said in a statement to Reuters that it is killing Deals in the coming weeks after four months of testing. Read more »
Lot18 has secured a small investment from some big-name backers, just as competition from Gilt Groupe heats up. The New York City-based daily deals site focused on high-end wine and complementary foods announced Wednesday it has received funding from Quidsi founders Marc Lore and Vinit Bharara. Read more »
Exclusive: Group Commerce, a New York City-based company that sells a software platform to let publishers host their own daily deal applications, has acquired geo-location startup Socialight. The Socialight team and technology will be put toward fleshing out Group Commerce’s mobile strategy, said CEO Jonty Kelt. Read more »
Wi-Fi provider Towerstream is turning its superfast Manhattan Wi-Fi zone into a distribution platform for daily deal apps in a bid to monetize its wireless network, the largest in Manhattan. The company is partnering with BlisMobile, which will handle the app distribution through its AppZone service. Read more »
The big news lately in local deals is around public offerings by Groupon and LivingSocial and the rising competition from web players like Google and Facebook. But a much older player, American Express, is also activating local deals through social channels. With 90 million card members ... Read more at GigaOM Pro »
Foursquare is now poised to rev up its revenue engine by eventually charging merchants to offer deals and access its business tools. Foursquare co-founder Naveen Selvadurai told the New York Post that the company is planning to charge its more than half a million merchants. Read more »
Google has snapped up The Dealmap, an aggregator of nearby shopping deals, in an acquisition that furthers its Google Offers ambitions. The purchase, whose price was not disclosed, shows that Google is proceeding even without its unsuccessful $6 billion bid for Groupon last year. Read more »
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