LivingSocial: Gautam Thakar Replaces Tim O’Shaughnessy as CEO

Gym Closes After Groupon Deal

Groupon Stock Seems like a Good Deal These Days

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Groupon Disappoints, Stock Down 17%

groupon Epic AdventuresGroupon disappointed investors on Tuesday, reporting a net loss of $22.9 million, or three cents a share on $751.6 million in revenue, up 24% from last year. Investors responded by punishing GRPN shares. Shares fell 17% after the market closed, bringing Groupon’s stock performance down 38% for the year.

Groupon stressed that excluding acquisition and stock compensation expenses earnings per share came in at a penny. The company also announced a $250 million revolving credit line, which was described by CEO Eric Lefkofsky as a “rainy day fund”

“We’re…

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First Data Acquires Gyft

first data, offerwise, dailydealmedia.comGyft has been acquired by First Data. The digital platform allowed for the purchase, sending, management, and redemption of gift cards on mobile devices. Both companies note the benefit to merchants and consumers as Gyft’s strength. The mobile payment wallet can be accessed on the web and as an iPhone and Android app and boasts over 200 retailers on its platform.

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Amazon Launching Mobile Payment POS

Amazon will soon be launching a mobile POS device rumored to be called “Amazon Card Reader”. It seems like a natural step for Amazon, but it will be entering a crowded space that includes the likes of Square, Paypal, PayAnywhere and others.

According to the documents obtained by 9to5 Mac, Staples stores are preparing to stock a new product called the “Amazon…

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India Based Boku Acquires Qubecell

mobile payments, ecommerce, dailydealmedia.comMobile payments vendor Boku says it has 75% of India’s mobile subscriber market after acquiring Qubecell – a direct carrier billing company – in 2013. The integration of companies and their services and relationships is complete. With over 117 million smartphone users, India is the third largest smartphone subscriber market in the world.

With over 250 global mobile network operators, India-based merchants can use them to sell goods online with Boku technology.

Boku CEO Jon Prideaux said India serves as the regional hub of the Middle East…

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LivingSocial: Gautam Thakar Replaces Tim O’Shaughnessy as CEO

Tim O’ShaughnessyLiving Social has been on the lookout for a new chief executive for more than six months. On Tuesday, they finally revealed that they had found someone who happens to be the CEO of Shopping.com and the general manager of eBay’s advertising business, Gautam Thakar.

Thakar was an excellent choice because he has the potential to allow them to grow rapidly after they have been experiencing months of decline. He has a pedigree in e-commerce and digital marketing, which was something that really made appointing him easier than ever.

The former chief…

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Consumers Are Demanding More from Mobile Payments

mobile payments, ecommerce, dailydealmedia.comUsers will not leave home without a list of things, with keys being at the very top, obviously. However, smartphones are rising on the list, even before cash and credit cards. This is why many businesses are trying to make mobile devices a way for them to accept payments and according to PayPal mobile payments is on the rise.

What Various Surveys Reveal

Currently, studies are showing that it varies globally when it comes to mobile payments. For example, 90% of China surveyors take pay from their phone,…

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Gym Closes After Groupon Deal

Groupon LogoWe all are familiar with the Groupon site, which provides users with extravagant deals for a variety of different events, travels, etc. One Houston gym decided that they wanted to get in on the action to get more business. However, the Houston gym, which was offering annual memberships just a few short days ago, has now closed down.

The Groupon members who purchased the gym deal for their prepaid membership that they expected to be able to utilize for one year, at least, are furious. Some members went there to only…

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Meh Launches a Classic Daily Deal Site

Fully funded by over 1400 funders of its Kickstarter campaign, Meh – a daily deals site -  launched today. The founder of Woot – now owned by Amazon – is at the helm, determined to return to the simple one-deal model. A limited number of one particular item will be made available each day at a fantastic price. Once the item has sold out, users will have to wait until the next day to scope out the next deal. This is a return to the days of frantic excitement, rushing…

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nCrowd Merging with TeamBuy?

teambuySources from nCrowd tell us that they are exploring a merger deal with TeamBuy. nCrowd has grown aggressively by acquiring the deal business from Saveology, KGB, Eversave and others. 

Teambuy merged with DealFind and is one of the leading daily deal companies in Canada. 

Stay tuned, more details coming.

 

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Bigcommerce gears up with Hiring Spree and New San Francisco Office

Just over six months after closing a $40m investment round, led by AOL co-founder Steve Case, Bigcommerce is gearing up to significantly expand its product portfolio and commerce platform, which is currently used by over 50,000 businesses in 137 countries around the world.

Bigcommerce co-founder Mitchell Harper said they had been quietly laying the foundations for an accelerated period of growth, but they were now ready to make a slew of announcements —  two marquee hires, the opening of a new San Francisco office and an aggressive move to hire 40 engineers in 60 days.

Harper said: “2013…

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DDM Reports
The 2014 Edition of the DDM Daily Deal Publisher Directory is the most comprehensive contact list for daily deal sites, flash retailers, aggregators and individuals operating in the daily deal industry. Each record includes the following: - Company Name - Website - Contact Name - Contact Title - Email - Phone - Address (not all records contain a full mailing address)
The 2013 Media List is a comprehensive database of all major media, bloggers and product/app review websites. If you're looking for PR distribution, this is a great list to begin with. Each record includes: - Contact Name - Publication Name - Website URL - Address - Email - Description
2.7M Consumer Subscribers. This data has been aggregated from a number of websites, which include daily deal sites that have gone out of business. Data includes: - Full Name - Address - Phone Number - Email - Signup Website - IP Address - Date of Signup Data will be delivered via a dropbox link in CSV format.