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Groupon Acquires Blink To Enhance Groupon Getaways (GRPN)
Monday, September 9, 2013 - 10:34am | 449Read More...Groupon (NASDAQ: GRPN) has acquired Blink, a last-minute travel app available in eight European countries. Terms of the deal were not disclosed, but Groupon did reveal that it plans to use Blink to enhance the existing services from Groupon Getaways. "We are very excited to welcome the Blink team...
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SLIDESHOW: President Obama Saved The iPhone 4 And More From The Second Week Of August
Saturday, August 10, 2013 - 1:29pm | 183Read More...When Apple (NASDAQ: AAPL) needed help in its fight against Samsung (OTC: SSNLF), a surprising ally stepped forward. This development proved to be one of many notable events that occurred this week, along with news of a price cut for the Chevy Volt price cut (which is permanent for the 2014 model)...
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Groupon Doesn't Want To Be Amazon Or Wal-Mart (GRPN)
Friday, August 9, 2013 - 3:28pm | 576Read More...In the future, Groupon (NASDAQ: GRPN) could follow in the footsteps of another major corporation. But it's not going to be Amazon (NASDAQ: AMZN) or Wal-Mart (NYSE: WMT). If Groupon begins to resemble any other firm, it will be Costco (NASDAQ: COST). During an interview with AllThingsD, Eric...
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Groupon Tops Revenue Estimates; Names New CEO, Stock Soars (GRPN)
Wednesday, August 7, 2013 - 5:38pm | 326Read More...Groupon (NASDAQ: GRPN) released its fiscal second-quarter earnings results after the closing bell on Wednesday. The company reported earnings per share that were in line with analysts' consensus estimates and revenue that came in above expectations. Groupon also provided sales guidance for the...
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SLIDESHOW: 13 Major Tech Founders and Innovators That Are 'Smitten With The Mitten'
Monday, June 24, 2013 - 4:30pm | 126Read More...Technology companies are often synonymous with Silicon Valley or other tech hubs, but many of the founders of the major publicly traded tech companies come from a place that hasn't exactly been known for innovation in the last 30 years: Detroit. Encompassing the entire Metro Detroit area as...
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Groupon's Eric Lefkofsky: 'I Don't Think it Was a Mistake to Go Public'
Thursday, May 16, 2013 - 11:12am | 825Read More...During an interview with CNBC, Groupon (NASDAQ: GRPN) co-founder and co-CEO Eric Lefkofsky said that he does not regret his company's decision to go public. </p> "I don't think it was a mistake to go public," Lefkofsky told the network, adding that the company had a shareholder base...
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Groupon Co-CEOs Eric Lefkofsky and Ted Leonsis To Appear on CNBC
Thursday, May 16, 2013 - 9:13am | 90Read More...Groupon (NASDAQ: GRPN) co-CEOs Eric Lefkofsky and Ted Leonsis Will Be on CNBC's Squawk on the Street in the 10:00 am EST hour. This will be their first appearance on CNBC since reporting earnings. Groupon's stock rose Wednesday after Jana Partners reported an increased stake in its 13-F. Groupon...
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One of These Men or Women May Be Groupon's Next CEO
Friday, March 1, 2013 - 5:19pm | 938Read More...With Andrew Mason fired from Groupon (NASDAQ: GRPN), speculation for his replacement as CEO of the daily deal giant has begun. Mason's tenure is marked by Groupon's incredible growth in its first two years, followed by a stark drop in share value that fell from as high as $31 to as low as $2.60...
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Andrew Mason Out at Groupon
Thursday, February 28, 2013 - 5:36pm | 153Read More...Groupon (NASDAQ: GRPN) founder Andrew Mason was removed from his role as CEO Thursday. Shares closed down nearly 25%, but rallied almost 5% in the after-hours session. In his place, the company named Chairman Eric Lefkofsky and Vice Chairman Ted Leonsis in an interim role. The company said it has...
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Lightbank Unveils New Initiative Lightbank Start
Thursday, July 26, 2012 - 10:22am | 382Read More...Lightbank, the technology investment vehicle from Groupon (NASDAQ: GRPN) co-founders Brad Keywell and Eric Lefkofsky, has introduced a new initiative called Lightbank Start. Designed to help young entrepreneurs build a tech business with the help and support of Keywell and Lefkofsky, Lightbank...
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From Daily Deals Startup to Daily Deals Giant with an IPO, Groupon Makes Us All Very Proud Today
Friday, November 4, 2011 - 11:01am | 625Read More...An unofficial “take that!” to all of Groupon's critics. It's no secret that Groupon (NASDAQ: GRPN) and Benzinga are closely connected. Early this spring, Lightbank – the technology investment vehicle from Groupon co-founders Brad Keywell and Eric Lefkofsky – invested $1.5 million in our company....
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25-Year-Old Goes from Corporate Day Job to Startup Success
Wednesday, August 10, 2011 - 3:47pm | 330Read More...One of those dream-come-true stories. Business Insider has published an interesting profile on Brittany Laughlin, the 25-year-old founder of Gtrot, a fresh startup that allows its users to share their travel plans, connect with friends and collect advice while scoring deals from sites like Groupon...
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oBaz Scores Lightbank Funding, Promotes New Way to Haggle
Tuesday, August 9, 2011 - 10:25am | 413Read More...This might be the epitome of “strength in numbers.” oBaz, a new site whose name is short for “online bazaar,” is attempting to give wannabe-hagglers the opportunity to crowdsource their way to a better deal, TechCrunch reports. “oBaz uses group buying power to negotiate discounts for products and...
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Groupon IPO Follows a Year of Success, Big Deals and Buyout Offers
Thursday, June 2, 2011 - 5:59pm | 573Read More...We knew it was coming. Groupon's prospective IPO has been the talk of the town ever since Google (NASDAQ: GOOG) attempted to acquire the daily deal organization last fall. The reports were all but daily, with every rumor indicating that Groupon would be sold to the search engine giant. Groupon...
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Why Groupon Didn't Screw Up in Resisting Buyout Offers
Thursday, June 2, 2011 - 3:41pm | 272Read More...It's not often that you can turn down $6 billion dollars and still come out ahead, but that's exactly what it looks like Groupon just did. In the world's worst-kept secret, the Chicago-based Groupon filed paperwork Thursday to raise up to $750 million in an IPO. The filing does not specify how...
