Asia’s answer to ClassPass is pivoting to turn a marketplace for internal services

One of Asia’s most-funded clones of U.S.-based subscription aptness use ClassPass is pivoting to internal services. KFit, that has lifted some-more than $15 million from investors that embody Sequoia, announced now that it has acquired a Groupon Malaysia business in an undisclosed deal. That comes reduction than 6 months after KFit, that operates More...

by Kalen Beh | Published 2 years ago
By Kalen Beh On Thursday, October 27th, 2016
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Groupon is shopping LivingSocial, skeleton to downsize business to 15 markets from 27

Some poignant converging is going down in a universe of daily deals — going down being a user phrase here. Today, Groupon announced it would acquire LivingSocial, a onetime large rival that was partly owned More...

By Kalen Beh On Wednesday, July 27th, 2016
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Groupon reports better-than-expected revenue, still not profitable

Deal site Groupon saw a shares rising today in after-hours trading, following a better-than-expected second entertain gain report. Analysts expected the Chicago-based association to news disastrous gain per More...

By Kalen Beh On Monday, June 6th, 2016
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Groupon is offered the Indonesia business to aptness membership startup KFit

Groupon continues to streamline a tellurian business after it announced a sale of a operations in Indonesia to a rather doubtful buyer. KFit, a one-year-old startup that sells gym and aptness memberships in a More...

By Kalen Beh On Wednesday, April 27th, 2016
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SumUp and Payleven combine as European ‘Square clones’ consolidate

Some converging stirring in a universe of mobile payments: currently Groupon- and BBVA-backed SumUp and Rocket Internet’s Payleven — dual of a several European startups that cropped adult in a arise of Square More...

By Kalen Beh On Thursday, March 17th, 2016
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Why Silicon Valley’s ‘unicorn problem’ will solve itself

The arise was like a tech startup fairytale. Within 3 years of founding, this unicorn association had lifted some-more than $1 billion in try capital — shutting an startling $950 million in a final private More...

By Kalen Beh On Tuesday, March 15th, 2016
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Groupon launches new Merchant app that puts a daily understanding front and center

For a final several years, Groupon has been expanding its business over a daily deal to position itself as a height for internal commerce. Some of those efforts have proven to be some-more severe than others, More...

By Kalen Beh On Thursday, March 10th, 2016
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SXSW goes apeshit for on-demand startups

It’s a tough universe out there for on-demand startups — difficulty around a W2 contra 1099 conversation, tough margins and patron use are though a few of a initial obstacles for these companies. Add in a More...

By Kalen Beh On Thursday, February 11th, 2016
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Groupon Soars 23% On Favorable Earnings

Not passed yet, understanding site Groupon soared 23% in initial after-hours trading, following a better-than-expected fourth entertain gain release. The association kick income forecasts, bringing in $917 million, More...

By Kalen Beh On Friday, January 15th, 2016
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Venture Capital Is Terrible At Online Shopping

Another day, another array of Silicon Valley e-commerce explosions: Gilt Groupe only sole for a fragment of a gratefulness (and its capital raised) and One King’s Lane is reportedly a subsequent to die. Previously More...