Seattle-based online retailer Zulily, which had a ~$7B market cap in 2014, winds down; in a December 11 lawsuit, Zulily accused Amazon of stifling its business
Weeks after laying off 800+ employees and suing Amazon … TechRadar : Former ecommerce giant Zulily shuts down PYMNTS.com : Zulily's Last Checkout: The Retail Road to Its Online Closure Pamela N. Danzi...
Groupon says it will shutter Groupon Goods, its e-commerce platform for physical products, after reporting worse-than-expected results; stock drops 40%+
- Company plans to abandon the business of selling goods — Groupon will focus on being marketplace for local experiences
Sources: Groupon has contacted several public companies in the past few months to gauge interest in acquiring it; Groupon's revenues fell 5.6% in 2017 to $2.84B
The daily-deal pioneer's run as an independent company could be nearing an end. — Groupon's 10-year run as an independent company could be coming to an end.
Bose acquires Andrew Mason's walking tour startup, Detour, as the Groupon founder focuses now on Descript, a startup offering tools to edit and transcribe audio
Sarah Perez / TechCrunch : Tweets: @techcrunch Tweets: @techcrunch : Bose is now “actively looking for a partner to host the Detour content” http://techcrunch.com/...
Groupon founder Andrew Mason raises $5M from a16z for Descript, which lets users edit audio by directly editing its text transcription
A spin-off from Mason's last app, Detour — Andrew Mason, the co-founder and former CEO of Groupon whose most recent company produced audio-guided city walking tours …
Groupon to acquire LivingSocial for a price it calls “not material”; stock drops 10%+ after hours
A Groupon-LivingSocial deal would require close scrutiny. Regulator in 2016 — What's LivingSocial?
Groupon sells its Breadcrumb point-of-sale business which it acquired in 2012 to Upserve for an undisclosed minority stake in the restaurant software startup
Paul Sawers / VentureBeat :
Groupon sells its Breadcrumb point-of-sale business which it acquired in 2012 to Upserve for an undisclosed minority stake in the restaurant software startup
Former daily deals darling Groupon has sold its Breadcrumb point-of-sale (POS) business to Upserve, a restaurant technology startup …
Groupon receives $250M from private investment firm Atairos, which launched this year with $4B backing from Comcast
Ben Miller / Chicago Business Journal :
Groupon Is Laying Off 1,100 At A Cost Of $35M, Shutters Operations In 7 Countries
Some significant downsizing is underway at Groupon, the daily deals and local-commerce site. The company is today announcing that it will be cutting 1,100 jobs and taking a pre-tax charge of $35 mill...