Browsing: Groupon

JSE-listed media company Avusa has decided to close its group-buying business Zappon. It believes the deal-a-day group-buying model, pioneered by the US’s Groupon, is flawed but hasn’t ruled out relaunching a reworked model of the service in future. Groupon enjoyed early success with the

The only consistent thing about the Internet is its ability to surprise us by changing virtually over night. It’s a Darwinian market that crushes the weak and elevates the strong within months rather than years. That makes investing in online businesses a roller coaster ride

Andrew Mason is the young, fresh-faced founder of Groupon, the fastest growing start-up in history. Fresh-faced youngsters running tech start-ups are hardly a rare breed in Silicon Valley, but Mason is a native of Pittsburgh and Groupon is based in Chicago, both a far cry

When does a market go from being a “growth sector” to a bubble? As with falling in love, it’s hard to put an exact date on the event. And, just like a love affair, a bubble is marked by growing excitement, lavish spending

Fast-growing international deal-of-the-day website Groupon has acquired SA e-commerce provider Twangoo. The value of the transaction has not been disclosed

When Google offers to buy your two-year-old website for as much as US$6bn, you’d have to be crazy to refuse, right? But that’s what Groupon did. A surge of rumours last week had Google opening its offer