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Topic: discounts

Groupon Buys Ideeli for $43 Million

Continues daily deals dominance

Groupon has purchased fashion discounts firm Ideeli for $43 million in cash, the companies have announced. Six-year-old Ideeli employs 150 staffers that are mostly situated in its New York headquarters,…

Why Post-O'Shaughnessy LivingSocial Might Not Be Dead In Its Tracks

Closer to profitability than folks realize, source says

Tim O'Shaughnessy has announced that he will step aside as CEO of LivingSocial after co-founding the company in 2007. Per O'Shaughnessy's letter posted today via the firm's blog, the struggling…

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