Groupon's (NASDAQ: GRPN) stock price shot up over 20% Friday amid rumors that Google might be courting the company as an acquisition candidate. Forbes discounted the rumor as a stupid rumor of the week, calling it, "A rumor so silly that no right-minded person would think it … [Read more...]
Daily Deals Leaders Groupon and LivingSocial Dying Business Model
The future of the daily deals market looks bleak as industry leaders Groupon and LivingSocial each faced serious issues in the past week. “The field is going through some growing pains,” Yipit research firm’s Unaiz Kabani told CNN. Analysts have seen signs of distress for months, … [Read more...]
