Tag Archives: grpn

Apple Pay, Facebook ‘Buy’ Button May Boost M-Commerce

Apple Pay and Facebook’s (FB) “buy” button could help solve a problem with mobile commerce: Smartphone users tend to browse for products but often don’t pull the trigger to buy. Apple Pay, Apple’s (AAPL) mobile wallet, supports in-store shopping at retail checkout as well as “in-app” purchases for Uber, Groupon (GRPN), Target (TGT), Disney (DIS) stores and others. “There is no support for mobile browser-based payments yet, though I speculate we’ll

Groupon Posts ‘Encouraging’ Q3, May Sell Ticket Unit

Groupon (GRPN) stock surged Friday to a six-month high after the online daily deal marketplace reported Q3 earnings late Thursday that beat Wall Street expectations and the company indicated a sale of its Ticket Monster subsidiary might go ahead. Groupon said its Q3 revenue rose 27% to $757.1 million, above the $749 million that Wall Street had forecast. The Chicago-based company posted EPS ex items of 3 cents, up from 1 cent in the year-earlier

Groupon ‘Has Made Progress’ Says Stock Upgrade Report

Groupon (GRPN) stock rose Monday after the online daily deals marketplace got upgraded by RBC Capital Markets, which cited signs of operational improvement and Wall Street applying “a more reasonable valuation” to the stock. Groupon stock fell 13% to as low as 5.68 on Aug. 6 after its Q2 earnings and Q3 outlook fell below Wall Street expectations. And RBC has downgraded Groupon on Feb. 21, citing “anemic” billings growth of less than 2%