Tag: groupon
Groupon Goes Down in Flames has Investors Bail
Investors are quickly bailing as Groupon experienced a new closing low on Friday, with shares down 5% at $4.75. Their stock-price declined even more last week after their second-quarter results reflected a decline in customer growth and revenue.
Google’s Groupon Competitor, Google Offers, and Amazon’s AmazonLocal, Hitting More Cities
Google Offers, Google’s competitor to Groupon, rolled out in Portland in June, hitting the New York and San Francisco areas last month. This month Google Offers is available in Denver, Seattle, Boston, Austin, and Washington, D.C.., with Atlanta, Baltimore, Chicago, Dallas, Detroit, and Philadelphia to follow shortly, to name just a few. Not to be outdone, Amazon has rolled out Amazon Local, in many of the same cities.