Groupon News

Groupon begins search for new CEO

Groupon begins search for new CEO

3rd Mar 2013 Travel Technology News

The founder and chief executive of Groupon, Andrew Mason, has been asked to leave the company after Groupon reported it’s quarterly loss. Chairman Eric Lefkofsky and vice chairman Ted Leonsis have stepped in as temporary joint chief executives until a replacement for Mr Mason is found.

Breaking Travel News Interview: Roy Blanga, Groupon managing director, UK & Ireland

Breaking Travel News Interview: Roy Blanga, Groupon managing director, UK & Ireland

7th Jun 2012 Focus

Less than four years since bursting onto the scene, online deals company Groupon has bagged numerous awards, grown to 12, 000 employees in 42 countries and it even has its own dedicated travel division. Breaking Travel News catches up with Roy Blanga, the man tasked with heading up the company’s UK operations, to find out what’s next on the agenda for the industry changing - Groupon.

Groupon Getaways unveiled in Hong Kong

Groupon Getaways unveiled in Hong Kong

2nd Aug 2011 Travel Technology News

Groupon Hong Kong has unveiled its travel deals site - Groupon Getaways – as it seeks to meet growing demand from travel in the Chinese destination. The new specialty deal site will offer Asia travel deals including discounts on flights, hotels and cruises through the service, with updates every Sunday.

Recession? What recession!? Money saving websites are increasing retail footfall!

Recession? What recession!? Money saving websites are increasing retail footfall!

28th Jul 2011 Focus

According to the Economics textbooks, a recession is a business cycle contraction - a general slowdown in economic activity. During recessions, employment, investment spending, capacity utilization, household incomes, business profits, and inflation all fall, while bankruptcies and the unemployment rate rise. Basically, a pretty sorry state of affairs, with the knock-on effect being the average person is being forced to stay in to save money.

Groupon moves for IPO

Groupon moves for IPO

3rd Jun 2011 Travel Technology News

Groupon has filed paperwork for an initial public offering in what many are already viewing as a test case for the latest web bubble. The daily deals site is seeking to raise $750 million through the offering, with investors using the launch as a barometer of the present tech-market.