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Local.com Launches Daily Deals Site (LOCM, TZOO, SPMD)
Monday, May 2, 2011 - 1:09pm | 286Read More...Local.com Corporation (NASDAQ: LOCM) announced this morning that it would be launching Spreebird.com, a daily deal site, that will allow the company to compete with Groupon, Travelzoo (NASDAQ: TZOO), SuperMedia Inc (NASDAQ: SPMD) and other daily deal websites. According to the company's press...
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Dream Stocks: April's Strongest Performers (SIFY, AMRN, REDF, KUTV, ACAD)
Friday, April 29, 2011 - 11:06am | 318Read More...The following five stocks have made shareholders extremely happy recently, as they are the top percentage gainers in the market for the month of April. All of the companies reside in the NASDAQ, as pharmaceutical and internet stocks have garnered significant attention from investors and money...
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Rediff.com Soaring, Up 27% On Groupon Clone (REDF)
Tuesday, April 26, 2011 - 3:22pm | 243Read More...Rediff.com India Limited (NASDAQ: REDF) shares are soaring today, gaining 27.1% on very heavy volume. Almost 7 million shares have changed hands today, whereas the average volume is just under 1 million shares. At last check, shares were up $3.10 to $14.54. All this comes after the company,...
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Facebook Likes Groupon So Much, It's Going After It
Tuesday, April 26, 2011 - 1:46pm | 150Read More...According to this article from BoyGeniusReport, Facebook is rolling out "Deals on Facebook," as it seeks to get into local search game, and take a shot at Groupon. The service is currently being tested in Atlanta, Austin, Dallas, San Diego, and San Francisco. Facebook has already teamed up with...
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Local Deals Boost Travelzoo's Bottom Line (TZOO)
Thursday, April 21, 2011 - 3:08pm | 358Read More...Travelzoo (NASDAQ: TZOO) has been doing quite well today following its impressive Q1 results. The company attributes some of the success to its Local Deals feature, which currently serves 48 markets (up from just 12 markets in Q3 2010). In its First Quarter 2011 Performance and Growth Strategy...
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Groupon Uses Its Discounts To Steal From Google: Takes VP To Become New COO (GOOG)
Thursday, April 21, 2011 - 2:02pm | 81Read More...As the war for talent among hot tech companies continues to heat up, Groupon has stolen Margo Georgiadis from Google (NASDAQ: GOOG) to become the Chicago-based daily coupon company's Chief Operating Officer. At Google, Georgiadis was Vice President of Global Sales and Planning. The news was first...
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Why Did Groupon Turn Down Google's $6 Billion? Source Says $15-$20 Billion IPO Coming
Friday, April 15, 2011 - 5:58am | 192Read More...Remember when investors were shocked when Google (NASDAQ: GOOG) offered $6 billion to buy online coupon site Groupon? Further, remember the astonishment when Groupon turned Google down? It appears that the rejection had merit: a source familiar with the matter is saying that Groupon is looking at...
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Groupon Founders Invest $1 Million In Qwiki
Thursday, March 31, 2011 - 1:33pm | 159Read More...Two of Groupon's co-founders, Brad Keywell, Eric Lefkofsky have invested $1 million in Qwiki, write the New York Times DealBook. Qwiki is a technology platform that uses data to create multimedia presentations,, and was started by Dr. Louis Monier, a founder of AltaVista. In an email sent to...
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Travelzoo Hot On Groupon IPO (TZOO)
Wednesday, March 23, 2011 - 9:36am | 164Read More...Benchmark Capital has a note on Travelzoo (NASDAQ: TZOO) with a Buy rating and a $54 price target. In a note to clients, Benchmark writes, "Travelzoo (TZOO-$53.97-BUY-PT $54) stock has appreciated about 20% since our March 15th Buy recommendation versus a flat NASDAQ likely on the prospects of its...
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Groupon President Leaving Company
Wednesday, March 23, 2011 - 6:22am | 82Read More...Groupon president and chief operating officer Rob Solomon is leaving Groupon, the company confirmed Tuesday. In a statement provided by the company, Groupon Chief Executive Officer Andrew Mason said "Rob has added enormous value to Groupon and we'll miss having him around." According to a Wall...
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Bloomberg: Groupon In Talks For $25 Billion IPO
Thursday, March 17, 2011 - 8:07am | 53Read More...Bloomberg reports this morning that Groupon is in talks for an IPO that values the company at $25 billion. The IPO could reportedly come at any time this year. From April 2010 to March 2011, the company has jumped from an estimated $1+ billion in value to today's estimate of $25 billion.
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Groupon Looking to Expand; Searching For Talent
Wednesday, February 16, 2011 - 11:27am | 130Read More...Bloomberg is reporting that Groupon is looking to expand its global operations and is seeking an individual to head the expansion. Apparently, Jason Kilar, chief executive officer of Hulu LLC, was approached. It is not clear whether Mr. Kilar has accepted or declined the position. It is clear...
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Groupon Appoints Starbucks CEO to Board of Directors
Thursday, February 10, 2011 - 4:16pm | 69Read More...Today Groupon announced the election of Howard Schultz to the company's Board of Directors. Mr. Schultz is chairman, president and chief executive officer of Starbucks Coffee Company (NASDAQ: SBUX). Mr. Schultz is credited with transforming Starbucks in the three years since he returned as CEO--...
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Groupon Expanding Into China
Thursday, February 10, 2011 - 9:33am | 185Read More...Despite some verbal backlash as a result of the company's Super Bowl ads, Groupon said it plans to expand its Chinese staff to 1,000 within three months, and enter China "very soon." The company had three ads during the pre-game and the game, showing Groupon deals in the context of tragedies around...
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Was Groupon's Super Bowl Ad That Bad?
Monday, February 7, 2011 - 10:50am | 152Read More...Groupon made an impact with its Super Bowl ads last night, and depending on who you ask, the ads might have hit a nerve. The company had three ads between the pregame show and the game, which all featured spoofs of saving causes such as endangered whales, the Brazil rainforests, and Tibet. The ads...

