Groupon Inc (NASDAQ:GRPN), one of the leading daily deals companies, lost its motion for the dismissal of the securities fraud class action lawsuit filed against it in connection with an initial public offering (IPO) in November, 2011. Groupon faces securities […]
Groupon Inc (NASDAQ:GRPN) is making its local offerings more fun and exciting to entice consumers to keep coming back and discover new coupons to purchase. Strengthening the loyalty of its customer base is significant to boost its profitability. Improvement in […]
Shares of Facebook Inc (NASDAQ:FB) game developer Zynga Inc (NASDAQ: ZNGA) and daily deals web site Groupon Inc (NASDAQ: GRPN) have soared following reports of activist hedge fund Jana Partners revealing small stakes in the companies. The hedge fund, run by […]
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Eric Lefkofsky and Ted Leonisis, the interim chief executive officers of Groupon Inc (NASDAQ:GRPN) indicated that the company is unlikely to appoint a permanent CEO until next year. According to the interim CEOs, the daily-deals company is in the process […]
Last week, Andrew Mason confirmed that he was fired from his post as CEO of Groupon Inc (NASDAQ:GRPN) after four challenging years. In his resignation letter, Mason admitted the mistakes he committed while leading the company. He also hoped that his resignation […]
Groupon Inc (NASDAQ:GRPN) CEO out: After market close Thursday, Groupon announced that it has replaced Andrew Mason as CEO with Executive Chairman Eric Lefkofsky and Vice Chairman Ted Leonsis. Mr. Lefkofsky and Mr. Leonsis will serve as CEOs on an interim […]
Following another disappointing earnings report, after the close Groupon Inc (NASDAQ:GRPN) announced that the company’s founder and CEO, Andrew Mason, is being replaced on an interim basis by Executive Chairman Eric Lefkofsky and Vice Chairman Ted Leonsis in a newly created Office […]
Groupon Inc (NASDAQ:GRPN) surprised investors Wednesday by posting a fourth quarter loss of $81 million or 12 cents per share when analysts were expecting 3 cents in earnings on a revenue of $639.8 million. Now the company executives are busy […]
Groupon Inc (NASDAQ:GRPN) CEO, Andrew Mason, has just unleashed a Twitter rant about mayonnaise. That’s right. Mayonnaise. After almost losing his job late last year, Mason has mostly kept his head down lately—after since threatening to fire himself in November. But […]
The share price of Groupon Inc (NASDAQ:GRPN) has surged to almost double its figure before a record low in the middle of November last year. The market capitalization of the company is marching towards the $3.5 billion mark. The company […]
The success or failure of any company/organization depends on its leadership, particularly the chief executive officer (CEO), who is responsible in the over-all management of the company. The character, decision-making, and management strategies of a CEO reveals his capability in […]
