Things are so not okay in deal-site land.
Showing 1-15 of 15 posts
Its stock price is now about a quarter of its IPO value.
Some anti-porn crusaders are taking on the coupon giant over a discounted Kink.com tour.
The Bay Area-based start-up sells virtual gift cards on behalf of restaurants, but isn't a deal site.
• Local food banks are experiencing record need as the holidays approach this year, and one food bank in San Leandro got some attention from several Oakland Raiders, who dropped by to help sort donations. [ABC 7] • Groupon's stock...
• After no small bit of turmoil this year, Groupon launched their IPO today, and share values have already shot up about 40%. [NY Mag, Chicagoist, Earlier] • A roundup of kid-friendly restaurants that will be serving Thanksgiving dinner. [7x7]...
Fifty of Groupon's "deal vetters" are suing for unpaid wages. Perhaps they'll accept $10 for $20 worth of overtime?
The deal site faces more bad news preceding their now delayed IPO.
The deal site is kinda sorta insolvent, yet still hoping for that IPO.
The San Mateo–based company doesn't make a lot of sense to us, and the restaurants they're selling coupons for have never heard of them.
The company appears to be spending $1.43 for every $1 it makes, and is desperate for cash. Thus, the IPO.
Ohh, snap! Two months after getting turned down for an acquisition, Google goes to war.
They're poised to buy Groupon, along with everything else.
The company is nearing a $3 billion valuation, despite practices that occasionally terrorize small businesses.
Take heed, restaurants. You may not want that sudden, huge surge of discount business.