coupon sites

Groupon to Raise Up to $540 Million in IPO

Groupon’s IPO finally looks to be back on track as the company inches closer to profitability.

WhaleShark Acquires U.K. Coupon Company

WhaleShark Media, owners of RetailMeNot, Deals.com, and Deals2Buy.com, will acquire eConversions, the U.K.-based company that owns VoucherCodes.co.uk and Gutschein-Codes.de in Germany. TechCrunch reports that the sale will likely be worth around $40 million in cash and stock.

Foursquare Teams With Daily Deals Sites

Foursquare may boast a $600 million valuation and 10 million members, but the location-based social networking service is still having trouble actually making money.

BuyWithMe Acquires Chicago Deals Site

Daily deals site BuyWithMe has purchased DealADayOnline, a Chicago local group buying site. BuyWithMe, which has been trying to add to its regional offerings, will now offer deals in 13 cities and wants to double that number by the end of the year.

Groupon Two-Faced About Trump

Groupon vowed to stop advertising on The Apprentice in an effort to distance itself from the show's controversial host—so why is it running a deal for a one-night stay at the Trump Plaza Hotel and Casino in Atlantic City?

LivingSocial’s Customers Are Younger, Richer, and Better Educated Than Groupon’s

According to a study from Nielsen Co., LivingSocial users are richer, younger, and more educated than Groupon's.

IPO Could Value Groupon at $15 Billion to $20 Billion

After fielding offers from investment bankers about a potential IPO since January, Groupon is now expected to announce Goldman Sachs and Morgan Stanley as the two lead underwriters of a planned public offering, the Wall Street Journal reports.