Competition and merchant capacity are two key challenges for the daily deal industry. There are too many services providing similar offers, and the top merchants can only service so many new customers. LivingSocial … [Read more...]
LivingSocial Top-line Accelerates, Up 15% in Q1
Last Thursday, Amazon’s quarterly filing revealed that LivingSocial grew 170% over the first quarter in 2011. Annual growth for the #2 player is not surprising given industry’s rapid expansion last year - the bigger … [Read more...]
Yipit Wants a Data Product Analyst
Are you a recent grad in a banking or consulting analyst program who wants to start your own company one day? So were the founders of Yipit, which is one of the fastest growing tech startups in New York and just … [Read more...]
Groupon Grows 6% in November Despite Thanksgiving Dropoff
Groupon grew 6% in November, outpacing the broader North American Daily Deal industry Groupon benefited from record performance in its travel and consumer products segments early in November, while LivingSocial saw a … [Read more...]
[Updated] As Stock Tumbles, Groupon Q4 Off to a Stellar Start
Note: This post was updated on 12/12/2011. Please see the bottom of this post for more information. While Groupon's stock surged over 50% post-IPO, it has been stumbling as of late - currently, it is off nearly 15% from … [Read more...]
Groupon’s Product Expansion Masks Decline in Core Local Deals Business
Groupon is now in the second week of its IPO roadshow, where it is pitching prospective investors on the growth of its business. Groupon’s new products are major components of its growth story. In the third quarter … [Read more...]
All Major Daily Deal Sites Record Huge Month in September
September's Yipit Data Report reveals the overall Daily Deal industry and each major player experienced significant gross revenue growth in September. Total industry gross revenue jumped 12%, from an estimated … [Read more...]
Last Month’s Five Most Successful Daily Deals Reveal Future of Industry
In August, each of the industry’s top five deals was from a different category – and all were from Groupon. The top-grossing deal last month was a travel deal from Groupon Getaways, a new category that Groupon … [Read more...]
Google Offers Having Banner Month in September
Google Offers didn’t do particularly well in August – total revenue dropped 23% from July despite a 22% increase in its total number of deals. However, Google’s Daily Deal product has radically improved in … [Read more...]