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

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

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

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

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

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

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

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

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

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...