Groupon is parting ways with founder and CEO Andrew Mason. As a result, Executive Chairman Eric Lefkofsky and Vice Chairman Ted Leonsis are stepping in to lead the daily deals firm while it seeks a permanent replacement.
Groupon reported fourth-quarter revenues of $638.8 million, up 30 percent year-over-year thanks in part to the continued growth of its mobile deals platform. Operating losses totaled $12.9 million,...
The gold rush to win the mobile payment race has attracted a lot of different companies, however it's still unclear which ones will succeed at this multi-billion dollar industry.The ecosystem is currently divided into two camps: vendor-driven and user-driven initiatives.
Groupon has acquired Glassmap, a real-time location sharing and local discovery service optimized for Apple's iOS and Google's Android. Glassmap confirmed the acquisition on its blog. Financial details of the deal were not disclosed.
Groupon released an updated version of its Merchants application for Google's Android operating system, adding support for the GrouponPayments transaction processing platform.
Mobile devices now generate about one-third of transactions across Groupon's North American digital deals platform, a year-over-year increase of close to 30 percent, the firm said Thursday.
Groupon is rolling out Breadcrumb, a new point-of-sale platform enabling restaurants, bars and cafés across the U.S. to run their business via Apple's ( NASDAQ:AAPL ) iPad tablet, which is...
Amazon is reportedly working on a mobile payments reader that would pit the digital commerce giant against services like Square and PayPal Here.
Groupon is rolling out a new mobile payments processing platform that promises lower merchant costs than rival efforts from Square and PayPal.
Groupon is rolling out new versions of its mobile commerce applications for Apple's iOS and Google's Android, promising a more efficient user experience designed to simplify discovery of current offers.