Posts Tagged ‘groupon’

PayPal Launching Mobile Daily Deals Service to Battle Groupon and LivingSocial

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PayPal, owned by eBay, is going head to head with Groupon and LivingSocial by unveiling a plan to offer coupons to its massive base of 103 million users.  With Groupon recently having gone public and hovering a little under it’s IPO price of $25 and holding a market cap of $15B, investors see the daily deals market as a potentially lucrative one.  So it’s no surprise that PayPal wants to get in the game.

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The Funny Trailer You Have to See — Groupon: The Movie [Video]

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Have you seen the trailer for Groupon, the Movie?  It’s a comedy video made by Emily McGregor from the comedy group Comediva, and definitely strikes the right note about the addictive quality of Groupons.  I’m sure all of you out there know somebody who’s obsessed with storing up Groupons like a squirrel packing nuts for the winter — and if so you need to send them this video.

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Groupon Faces Investigation by U.K. Office of Fair Trading

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Groupon, one of the largest Internet daily-deal sites, is under investigation by Britain’s competition regulator. The regulator is inspecting the possibility of unfair promotions and exaggerated savings.

No surprise here because the U.K. Office of Fair Trading started looking into Groupon’s British unit last July. The investigation recently expanded due to the fact that the office received a complaint from the country’s advertising watchdog — breaking advertising regulations almost 50 times in less than a year.

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