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...A few years after leaving Groupon, I found myself a manager again in a fast-growing start-up, HotelTonight....
...During China’s infamous “war of a thousand Groupons” in the early 2010s, research firms say 1,880 start-ups copied Groupon’s group-buying business model....
...The company started as an imitator of discount voucher site Groupon, but now offers everything from movie tickets to payments....
...Media O2 ‘ready to fire’ at incumbent BT (FT) Illumina accuses US regulators of time-wasting over $8bn Grail deal (FT) ArcelorMittal among bidders for Gupta’s French steel plants (FT) Deutsche Bank, Groupon...
...The latest is the health firm Babylon, which yesterday announced a $4.2bn blank-cheque deal with Alkuri Global, a Spac set up by former Groupon chief executive Rich Williams....
...(Gothamist) News round-up Credit Suisse counts $1.2bn exposure to Sanjeev Gupta’s steel empire (FT) Babylon in talks to list via ex-Groupon CEO Spac (Bloomberg) Deutsche Bank dodges bullets and goes...
...Kim, Coupang’s Seoul-born billionaire founder and CEO, is a Harvard MBA dropout who started the company as a Groupon-style daily deals business....
...“I think the same thing is going to happen as with the Groupons of the world and a few years ago with [electric] scooters,” he says, referring to previous investor frenzies....
...For example, when Sequoia Capital China invested in Meituan, it was basically a group-buying consumer internet company, similar to Groupon....
...“Meituan began as a Groupon for China. Now it’s delivering groceries, takeaway and medication,” he says....
...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....
...Joel Neoh, chief executive of the Malaysian company — which in 2017 bought the south-east Asian units of Groupon, a coupon company — says he wants it to become the dominant superapp serving small businesses...
...Some of our other early winners have also struggled amid rising competition and changing habits — among them GoPro and Groupon....
...Thiers mentions that Grubhub, the meal delivery service that, along with Groupon, is among Chicago’s most famous tech success stories, was sold in July to European food delivery company Just Eat....
...The serial entrepreneur, also known for co-founding voucher website Groupon, was recognised for building Uptake Technologies, a maker of AI software for industrial companies....
...The two men had already successfully built and sold one payments business, and the new group was ambitious from the start — its first significant customer, Groupon, immediately brought it into about 25 different...
...Billionaire Mr Leonsis, who sits on the boards of American Express and Groupon, has invested $50m in upgrading the Capital One arena in the past two years....
...Groupon chief executive Rich Williams and chief operating officer Steve Krenzer have stepped down. Aaron Cooper will lead the company until a permanent chief executive is found....
...Started in 2010 as a Chinese version of Groupon, the group discounting app, by 40-year-old founder Wang Xing, Meituan first moved into food delivery and then into so many other businesses that there are...
...An exception was Groupon, another company criticised for spending-fuelled revenue growth and convoluted profit metrics....
...Olio is working with Swedish food waste app Karma, which started in Stockholm in 2016 as a deals platform, like a Groupon for food....
...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....
...They were looking for an investment to help them transform the company from a Groupon-like discount voucher firm to a full online retail marketplace....
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