Groupon's stock slide weighs on rival LivingSocial

Groupon's stock slide weighs on rival LivingSocial
Concern among investors that the once-booming daily deals business has cooled are playing out in the market, with the stock price for industry leader Groupon continuing to slide last week. Though District-based LivingSocial has faced less scrutiny as a …
Read more on Washington Post

Groupon names new chief accounting officer
CHICAGO (AP) — Online deals company Groupon Inc. has named Brian Stevens as its new chief accounting officer. The move announced Monday follows a slew of accounting troubles for Groupon earlier this year. In March, the company restated its quarterly …

Groupon, LivingSocial, Discount Marketers, Sued Over Patent
By Phil Milford and Dawn McCarty – 2012-08-30T21:04:46Z. Groupon Inc. (GRPN) and LivingSocial Inc. were sued by a patent owner that claimed the discount online marketers are infringing protected technology for mobile-phone advertising. XcellaSave Inc.
Read more on Bloomberg

Leave a Reply