As Google releases their 2012 New Year’s Doodle, it seems it’s finally come that time to wrap up the year with a Happy New Years post. On behalf of Daily Deal Media and the entire Social Commerce and Daily Deal Industry, I wish you all the best as we begin another journey of challenges, victories, [...]

We’re putting the finishing touches on our annual Daily Deal Media Report and we need your help! We’ve assembled a small survey that we’d like to publish in our final report, scheduled to be released on January 16, 2012.  We’ll be sharing the results of this poll with everyone that participates.  As a small thank [...]

Groupon officially went public this morning, trading under the ticker “GRPN” and opened the day at a surprising $20.00. The stock shocked skeptics when it started trading +40% after only a few hours. The stock hit a day high of $31.14 and a day low of $25.90 – Not bad for a company under such [...]

Overnight BuyWithMe.com ceased to be. If you attempt to go to buywithme.com, you will be redirected to Gilt City. In a press release this morning, Gilt City announced the acquisition of the assets of BuyWithMe which will essentially double the size of the upscale flash sales company. Execs from both companies gave the usual generic [...]

​Almost exactly a year ago to date, Daily Deal Media broke the news that Mark Cuban would be joining the advisory team of gift card startup and deal generation platform JungleCents bringing to the table a seed round of financing ($500k) along with a new breed of economic expertise for the industry. As a gift [...]

Prominent daily deal company, Groupon, has gone through its share of backlash and doubt from the media, the industry and some consumers, but with the release of their Q3 today, this may all change. Rather than falling off the bandwagon this quarter, Groupon’s Q3 report shows the company unexpectedly broke even. Numbers in the Spotlight: [...]

Chinese Group buying site, Lashou is planning on raising between $100 million and $200 million in the next couple of weeks with an IPO in the U.S. that could value the company at more than $1 billion. An unnamed source says the company really needs the money to stay alive in the industry. Lashou is [...]

A comment on one of Daily Deal Media’s articles earlier today stated that BuyWithMe was laying off as much as 75 percent of their workforce.  UPDATE: BuyWithMe says it was less than 75 percent and closer to 50%. This seemed like a strange move for the NYC-based company that recently raised $21.5 million and has [...]

There’s mixed news coming out of China on the state of the daily deals industry in that country. Earlier this month, online Chinese newspaper, China Daily, reported that the industry was picking up, at least in terms of consumer popularity. It was believed the rise in numbers was due to the leading websites making improvements [...]

Despite rumor of consumer fatigue, email list growth and interaction still strong for daily deal sites. What’s with all the talk about daily deals losing their appeal among consumers? Our findings show the opposite, but merchants and daily deal providers better change their tactics to make the most of their opportunities while they still have [...]