Groupon’s share price tumbled more than 15 percent late Tuesday (Aug. 5), as investors balked at the Chicago firm’s expensive eCommerce investments. Groupon reported a net loss of $22.9 million, which seemed far worse to analysts because, according to an analyst poll by Thomson Reuters,...
Collecting lots of data—even CRM—is useful only to the point that it can be intelligently and meaningfully analyzed. Trying to analyze excessive amounts of data, some of which will be irrelevant and potentially misleading, is unlikely to deliver useful recommendations. LivingSocial is trying to avoid...
Have you heard? Social commerce is going to change the lives of everyone, everywhere. Want to look at pictures of other people’s cats—buy cat care supplies while doing it. Think that girl from the 10th grade looks fat in that dress? Good news—it will soon...
Customers of Japan’s Rakuten bank now have a new, and very different, option when it comes to transferring money to another person—using Facebook. Transfer by Facebook allows senders to move funds without knowing a customer’s bank, branch, or account number. It is a similar idea...
Groupon on Monday (Aug. 4) appointed Parker Barrile as its SVP of product, leading Groupon’s web, design and mobile global product groups. Groupon grabbed its new executive from the ranks of LinkedIn, where Barrile had served five years, leaving as Product Management VP, focusing on...
For Hukkster, it was a good run, until it wasn’t. The e-commerce supporter app allowed users to to tag items online they were interested in buying and then receive alerts when those items went on sale. The start-up had raised $1.5 million as recently as...
With what is forecast to be an epic IPO set to happen within the next several weeks, China e-retail giant Alibaba has been making increasing overtures to the U.S., and is considering an investment in social media firm Snapchat. Snapchat is growing fast. Though...
Reports of Twitter’s death last quarter—when a slow down in the monthly acquisition of new users slowed some, prompted many Twitter watchers to declare the beginning of the end—may have been somewhat exaggerated. This morning, Twitter is riding high with elevated stock prices after the...
Facebook on Tuesday (July 29) confirmed that it has killed the last remnants of its direct E-Commerce operation, with plans to fully shutter its Gifts shop on Aug. 12. Facebook launched Gifts back in 2012, initially selling physical goods and later only selling gift cards...
