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Startup Spotlight: Forks offers instant ways to save money on food in a crowded coupon space

Juggernauts like Groupon and Living Social certainly have a strong presence in the digital coupon space. But one Seattle-based company has carved its own niche with a location-based app that offers instant redeemable coupons at quick service and sit-down restaurants. Founded in 2010, Seattle-based Forks launched its app earlier this year and already features 18,000… Read More

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Amazon boosts AmazonLocal with $10 gift card for $5

Many companies are still trying to make it in the market for daily deals, competing with giant Groupon and a host of smaller rivals. But Amazon.com is in a unique position with its AmazonLocal deals site thanks to the fact that it’s, well, Amazon.com. Case in point: Today’s nationwide AmazonLocal deal offering a $10 Amazon… Read More

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Morning Radar: Goldberg’s Fab.com is raising a big round; Kindle Fire apps; and more

A quick rundown of stories catching our attention this morning … Jason Goldberg’s Fab.com, the New York-based daily deal site led by the former Jobster CEO, is reportedly raising a $40 million to $50 million round at a post money valuation of some $250 million, reports TechCrunch. Menlo Ventures and First Round Capital are apparently backing the… Read More

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Here are the problems facing Groupon and Living Social: Scale, repeat customers and targeting

Are Groupon and Living Social the next great things in online advertising? Or, are they just a flash in the pan? That was the fascinating debate which broke out earlier this week at the Mobile Future Forward conference in Seattle where panelists debated the challenges in front of the fast-growing daily deal businesses. RealNetworks chairman Rob… Read More