HTC is getting into the daily-deals business in Europe.
The company today announced a new service, called Best Deals, that aims at delivering "money-saving deals" to those who own HTC smartphones. According to HTC, the service is launching on the One X+, as well as the Windows Phone 8X and 8S, in November. Best Deals will also come to the HTC One X and One S in a future software update.
In order to get the service off the ground, HTC has partnered with a host of deals providers, including LivingSocial, which will deliver offers through Best Deals … Read more
eBay is attempting to carve out a piece of Groupon's action with its own daily deals special.
Dubbed Lifestyle Deals, the new service is being tested in several cities across the U.S., including New York, San Francisco, Boston, Chicago, and Philadelphia. And it works much like the daily deals offered by Groupon.
eBayers in one of the participating cities can choose from a variety of deals each day. New Yorkers who spend $19 can win a walking tour of Central Park. Those in San Francisco can get their dogs walked for a full hour for just $12. And … Read more
Apple's iPad is now home to a Groupon application designed for restaurants.
Dubbed Breadcrumb, the application is meant to include everything a restaurant would need to handle transactions. The application includes menus, allowing servers to input a person's order and send it off to the kitchen. In addition, restaurant owners will be able to manage their tables to see what's open, how many people are sitting at a table, and so on.
According to Groupon, Breadcrumb is designed to replace the current point-of-sale products restaurants are already using. So, in addition to the application, Breadcrumb supports cash … Read more
Groupon Payments, the daily-deals provider's answer to Square, is going nationwide.
The company announced on its blog yesterday that its merchants across the U.S. will now be able to sign up for Groupon Payments. Upon doing so, they'll be able to accept major credit cards by simply popping the Groupon card swipe accessory into an iPhone or iPod Touch and installing the associated iOS app. According to Groupon, payments processed through its service are deposited directly into merchant accounts overnight.
Groupon Payments users might find cheaper rates than they would with Square. The latter takes a flat … Read more
Facebook Offers aren't free for merchants anymore. As the company seeks new ways to increase revenue, it has started charging businesses to run deals on its site.
The social networking giant launched Facebook Offers earlier this year as a free service that allows business to send promotions directly to user news feeds. A company's Facebook fans are able to redeem vouchers for discounts.
The offers remain free for users to redeem, but Facebook now requires merchants to spend at least $5 on related ads to accompany their vouchers, the company said today. The amount charged will depend on … Read more
Spending on deals found online -- including the daily deals, instant deals and "flash sales" offered by Groupon and the like -- will reach $3.6 billion by the end of 2012, according to new research.
The figure means the online deal market will grow 86.9 percent compared to 2011, market research and advisory company BIA/Kelsey found.
Deal spending is expected to grow by a further 23 percent in 2013, with between 1 percent and 9 percent growth in the following few years. As a result, deal-hungry U.S. consumers could boost the market to $5.… Read more
Upping the ante in the daily deals game, Yelp announced today that it will now let small-business owners offer gift certificates directly from their profile pages.
These gift certificates don't come with any sort of discount; they're just a simple way for users to buy cash presents for their friends, family, or colleagues. Yelp came up with this idea after a testing phase where it found that keeping deals separate from gift certificates is important because most people don't like to give discounted products as a present.
Here's how Yelp explained the new feature in a … Read more
Brian Stevens faces some challenges as Groupon's new chief accounting officer.
The daily deals site found itself in financial hot water earlier this year after admitting to an accounting error that triggered a higher fourth-quarter loss and lower sales than initially reported. This past April, the company was forced to restate results for last year's final quarter, increasing the net loss by $22.6 million and cutting revenue by $14.3 million.
The accounting snafu triggered shareholder lawsuits and concerns from the Securities and Exchange Commission. The "material weakness" in controls over its financial statement followed … Read more