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...CityDeal was so successful in copying Groupon that its US counterpart ended up buying it....
...IBM used the same patent as part of a dispute with coupon site Groupon, which in 2018 agreed to pay $57m to bring to an end a bruising two-year court battle....
...Groupon says it will earn $200m of free cash flow this year. But this excludes a dispute settlement with IBM for $57m. Groupon has evolved from vouchers to ecommerce....
...Groupon’s growth spurt turned out to be a flash in the pan, and its shares are now worth only 18 per cent of the IPO price. Lyft isn’t Groupon....
...Like WeWork and Groupon before it, Lyft has had a go at explaining how it might get into the black....
...Some scooter entrepreneurs will be hoping to mimic the success of CityDeal, a European Groupon clone founded by Oliver and Marc Samwer, which was sold to Groupon itself in 2010....
...Groupon shares fell more than 10 per cent to a three-and-a-half-month low in early trade on Wednesday after the deals web site missed earnings estimates in the December quarter....
...Groupon - Adjusted CSOI Who doesn't love Groupon, which takes the effort of clipping offers from magazines and replaces it with void day filling experiential spam....
...Among those issuers have been high-profile tech companies such as Facebook, Groupon, LinkedIn, TripAdvisor and Zynga....
...Before joining Uber, Mr Holden served as chief product officer at Groupon and spent nearly a decade at Amazon, where he helped develop the Prime membership programme....
...He points to Groupon’s 2012 rejection of a $6bn offer from Google. “They turned away a suitor thinking they could get someone better.” According to Prof Noyes, they were wrong....
...Despite the revenue miss, Groupon maintained its guidance for 2017....
...But it took Uber four years to get to a valuation above $1bn, while Groupon got to unicorn status within 18 months of launching its daily deals service....
...At the time, Groupon was the biggest US web company to launch an IPO since Google....
...The nearest comparison to Uber in this regard is Groupon, which once held the crown for fastest growing start-up but faded fast....
...Alongside Groupon, which just reported its own poor results, Yelp is a former high flyer that has failed to live up to its over-hyped initial public offering....
...Robinhood’s new funding round also features Yuri Milner, the Russian tech investor who runs DST, best known for its pre-IPO investments in companies including Facebook, Twitter, Groupon and Zynga....
...Prior to Google, Ms Georgiadis has served as chief operating officer at Groupon and has held senior position at Discover Financial Services....
...Yelp and Groupon have similar abilities. Even this is not guaranteed to work....
...Groupon shares rallied 10.5 per cent on Monday to $3.86, cutting the 12-month decline to 24.6 per cent....
...A few more meltdowns by founder-controlled, publicly traded start-ups — in the pattern of those at Groupon and Zynga — could help this process along....
...Even the better-known Chicago-born Groupon, the site which offers daily deals on goods and services to retail customers, has strong connections to the city’s corporate past....
...And despite the progress made, Groupon is already speculative enough. Email the Lex team at lex@ft.com...
...Groupon shares are down 73 per cent since the start of last year....
...Groupon has a market value of just over $3bn and net cash of $800m. Alibaba is 75 times bigger....
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