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4 mins read

OpenAI's AI-adjusted earnings numbers have echoes of Groupon and WeWork

The startup is asking investors to ignore the cost of AI model training, according to The Informati…

Alistair Barr   


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1 min read

Chicago-based e-commerce marketplace Groupon lays off 15% of its staff

Chicago-based e-commerce marketplace Groupon has confirmed that it has laid off more than 500 of it…

Business Insider Latest Story Image
1 min read

Groupon skyrockets 36% after earnings report beats Wall Street expectations

The company's reported revenue declined from a year ago, but was much higher in the second quarter …

Carmen Reinicke   


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2 mins read

Star Sports President Gautam Thakar appointed Global CEO of OLX Autos

Prosus-owned OLX Group on Monday said it has appointed former Star Sports President and CEO Gautam …

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3 mins read

Groupon founder Andrew Mason is back with a cool new startup

Descript takes an audio file, say a recording for a podcast, and automatically transcribes it in a …

Julie Bort   


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1 min read

Groupon rockets up 25% after crushing expectations

Groupon also says in that release that it added one million new customers in the last quarter, more…

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1 min read

Groupon plummets 44% as the company flunks earnings and retreats from e-commerce platform

Those hopes were dashed with the slew of bad news the company reported Tuesday. Groupon will exit i…

Gwen Everett   


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2 mins read

Groupon shares plummet 30% after replacing CEO

Groupon's new CEO Rich Williams has been at Groupon since 2011, joining the company after leaving A…

Steven Tweedie   


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1 min read

Groupon board votes to replace cofounder in CEO role

Today's earnings show that that growth has stalled. Revenue was $713.6 million in the third quarter…

Biz Carson   


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1 min read

GROUPON SURGES AFTER EARNINGS

"Our record performance in the quarter was led by strength in Goods, as shoppers increasingly looke…

Sam Ro   


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2 mins read

Groupon stock is up more than 40% on the news Alibaba purchased 33 million shares

The troubled online deals company posted stronger than expected Q4 earnings on Thursday, causing th…

Steven Tweedie   


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1 min read

Groupon had already lost 80% of its value before yesterday's CEO change

What went wrong? The company counted a lot of skeptics stemming all the way back to some unusual ac…

Matt Rosoff   


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1 min read

LIVE: Groupon's Q3 Earnings

Groupon's stock has been on a wild ride this year, up from around $5 to around $10 now. That level …

Jim Edwards   


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6 mins read

How a Groupon hotel deal and Southwest points saved us over $1,400 on a trip to Cancun

One way to earn more points is through credit card referrals. Chase awards 10,000 points to cardhol…

Erin Heger,Erin Heger   


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2 mins read

Groupon's new CEO speaks out: 'We are still paying the price for our past mistakes'

The company is trying to shed its image as a failed email-based daily-deals website, too. "Deals a…

Maya Kosoff   


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1 min read

Groupon Wants You To Ditch Your Costco Membership

Right now, the Groupon Basic selection is pretty limited, but Groupon says that in the coming month…

Jillian D'Onfro   


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2 mins read

Groupon is laying off 1,100 employees and shutting down its operations in 7 countries

Groupon launched in 2008, offering its customers discounts at restaurants, spas, and retail stores.…

Maya Kosoff   


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1 min read

Sad To Say, But Andrew Mason Is Probably Not Going To Be Groupon's CEO Much Longer

What you're left with is an interesting e-commerce business with a well-known brand, one that can p…

Owen Thomas   


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4 mins read

Have Pinterest, Foursquare And Groupon Peaked?

Have Pinterest, Foursquare And Groupon Peaked? (Inc) One of the biggest social media strategy chal…

Heather Leonard   


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1 min read

CHART OF THE DAY: Groupon's Growing Mobile Business

Since Groupon ousted CEO Andrew Mason, the stock has been up ~23%. After its earnings report, the s…