WhaleShark Media, which owns and runs a number of online coupon and deal sites, announced today it has raised $150 million from JP Morgan and Institutional Venture Partners.
The company facilitated $1.7 billion worth of sales in 2011. Its sites attract 300 million visitors annually.
WhaleShark Media sites have both Groupon-style deals and discount codes for websites.
Denver-based mobile couponing application Ibotta, which pays you cash back for items you buy in grocery stores by simply scanning your receipt, has today debuted its iOS 7-optimized version 2.0 that now brings its shopping discounts to a number of new stores, including home improvement stores like Lowe’s and Home Depot, as well as national restaurant chains like Chili’s, Burger King, Smashburger and more.The company first debuted its app last year, with a new take on mobile couponing designed to reach those who don’t subscribe to newspapers, clip from circulars, or print coupons from the web. Instead, Ibotta lets you do everything from your mobile phone.
AngelList, the mailing list that turned into one of the Valley’s most powerful fundraising channels for early-stage startups, just picked up $24 million of its own.Like we reported nine months ago, Google Ventures participated. They are one of the leads along with Atlas Ventures, a firm that’s supported AngelList through its early years.
Fresh from celebrating its fifth anniversary last week, Groupon today reported its Q3 earnings: it’s a mixed picture but shows that Groupon continues to make good on its commitment to take its business beyond the daily deals that are its bread and butter and into a wider marketplace for location-based and mobile commerce. Groupon reported revenues of $595.1 million with EPS of $0.
Gazelle is one of the leading consumer electronic trade-in sites on the internet. If you've got electronics to get rid of and need cash, it will often offer you more than the Apple Store or Best Buy or even your local pawn shop.
The HAV304 took the crown of “world's longest aircraft” with its inaugural flight today. The gargantuan spans a football field and towers just over two stories in height, owing its construction to pure metal. It sacrifices little in being the world's longest, as it still reaches 100 mph, which is triple that of the dwarfish Goodyear blimp.
Welcome to our new Payments Insider newsletter, a morning email with the top news and analysis on the digital payments industry, produced by BI Intelligence UPGRADING TO CHIP AND PIN CARDS CARRIES A HEFTY PRICE TAG FOR TARGET. Upgrading Target's systems to the EMV or "chip card" standard would cost $100 million, according to John J.
Groupon today made another move to build up one of its vertical marketplaces: today the company said it would add 20,000 more hotels to its Groupon Getaways travel portal. This is one step in a series, Groupon tells me: the next will be to integrate last-minute bookings from Blink, the HotelTonight competitor that Groupon acquired last year.
It's a question all startups have to answer between giant fundraises and figuring out business models.Some growing companies, like Twitter and Facebook, handle adolescence well. For others it's awkward and takes serious soul searching to find a place in the business world. Klout is one of those companies.
This has been a year for failures. HealthCare.gov, the Facebook Phone, Microsoft’s bailout of Nokia, and the abortive sale of BlackBerry were just exclamation points on a year that saw the economy slowly turn around. Some companies succeeded wildly, and others…well, not so much.
Shares of Groupon are down 20%. Adjusted for nonrecurring items, the company earned $0.04 per share, the company said in its Thursday afternoon Q4 earnings announcement . This was stronger than the $0.02 expected by analysts. Revenue of $768.4 million smashed expectations for $718.0 million. Management's guidance was mixed.
Famed media mogul Bob Pittman is betting Marissa Mayer let the wrong guy go when she took over Yahoo in the summer of 2012.Within days of taking the Yahoo job in July 2012, Mayer met with Heckman, one of her predecessor's top strategists.In that meeting, Heckman laid out a radical vision for Yahoo. He wanted to cut Yahoo from 15,000+ employees to just 4,000. He wanted to sell Yahoo's search and ad tech businesses, and focus the company on content creation and content licensing.
The rise of services like Uber, TaskRabbit, Seamless, Postmates and Shyp signals the beginnings of an on-demand world, where practically anything you want is available — and fast — with the tap of a button on your smartphone.
Comcast has confirmed that it's going to buy Time Warner Cable to form a huge, tangled monster of awfulness. Hooray! You want out? Lucky for you there are some alternatives to doing business with your monopolistic cable-internet master if you try hard enough. Here are your options, and good luck making your escape. Read more...
Welcome to our new Payments Insights newsletter, a morning email with the top news and analysis on the digital payments industry, produced by BI Intelligence. Click here to sign up for Payment Insights today, and receive it every morning in your inbox THE BUSINESS-TO-BUSINESS PAYMENTS SYSTEM IS RIPE FOR DISRUPTION: Moving money can be a slow and expensive process for large corporations.
Tesla has been on a tear in 2013, showing its first quarterly profit, raising $1 billion in cash, paying off its government loan, and enjoying a more than 400% gain in its share price year to date.Today, however, Tesla slipped 6%, settling around the $180 per share mark. After having risen to a 52 week high of $191.83, Tesla has eased.
Any discussion of Bethany Mota, 18, social media goddess and ascendant fashion icon, needs to begin with her metrics. Mota’shas more than 4.8 million subscribers, more than. As of this writing, upwards of 2.2 million soulscombined. Her twitter following is a mere 1.15 million, not great but nothing to sneeze at.