Say what you will about Andrew Mason’s reign as CEO of Groupon, he sure knows how to say goodbye. Mason was let go as the top executive of the daily deals company today, and he made his farewell memo public. In a world where many top executives obfuscate their departures with all manner of B.S., it’s… Read More…
When I first came across Washington Huskies football tickets on Groupon two months ago, I wondered if it was a sign of how far the program has fallen. But it turns out lots of other big-name programs around the country are using the deal-of-the-day platform to attract casual fans and help fill up the stadium… Read More…
I’m a big fan of Alley Insider’s Chart of the Day service in which the online news publication puts relevant news in chart form. But their latest effort left me scratching my head. What grabbed my attention was the title of the post: “LinkedIn Is The Only Consumer Tech IPO That’s Doing Well.” Really? I am… Read More…
Groupon has agreed to pay $8.5 million to settle a class-action lawsuit alleging that expiration dates and other restrictions on the company’s vouchers violated federal and state law, and unfairly prevented consumers from receiving products and services purchased through the daily deals service. Notifications of the settlement were emailed to affected Groupon customers this week…. Read More…
Another day, another tech giant sets up shop in Seattle. Perhaps no story over the past 24 months has shaped the technology community in Seattle as much as the arrival of the powerhouses of tech. Drawn to the region by a stable of anchor tenants like Amazon.com, Expedia and Microsoft and enticed by top-notch computer… Read More…
Groupon is the latest tech giant to plant a flag in Seattle, opening an office in Seattle’s International District with room for 20 to 30 employees. The arrival of Groupon follows engineering offices from companies such as Hulu, Splunk, eBay, Facebook, Zynga and others, a trend we’ve talked about in great detail over the past… Read More…
Starbucks CEO Howard Schultz has stepped down from the board of Groupon just 16 months after joining forces with the fast-growing Chicago-based daily deal site. According to a SEC filing today, Schultz resigned from the board effective April 24th. Kara Swisher of All Things D first reported the news, also noting that Accel Partners’ Kevin Efrusy… Read More…
Kal Raman, the former Amazon.com and drugstore.com executive who stepped down as CEO of Bellevue-based GlobalScholar last September, has been named senior vice president of Groupon overseeing operations in ten countries in North and South America. “Kal brings e-commerce and operational experience to Groupon which will benefit our customers and our merchants as we set out to… Read More…
Starbucks CEO Howard Schultz may sit on Groupon’s board. But the Seattle coffee retailer appears to have developed a taste for Google Offers. As part of a one-time promotion on Wednesday, customers of Google Offers will receive the chance to buy a $10 Starbucks gift card for just $5. Now, here’s the twist. Google Offers… Read More…
[Correction: Post updated to reflect the fact that Amazon's deal was one of the fastest-selling in daily deals history, but not the fastest. A LivingSocial promotion for Whole Foods sold 1 million vouchers in 14 hours.] Amazon got lots of attention yesterday with its offer of a $10 gift card for $5 through its AmazonLocal daily deals… Read More…
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