Groupon reports smaller 1Q loss, higher revenue

That's the plan, says CEO Andrew Mason. A new national loyalty program is one way it's trying. Here's how the deals company plans to go beyond discounts and to "help merchants grow."Yesterday's nationwide launch of the Groupon Rewards customer loyalty program was the latest step in the Chicago company's attempt to move away from its identity as solely a purveyor of deals and toward being known as a provider of a range of services for local merchants.The Rewards program allows merchants to set up loyalty programs for their customers. Instead of relying on a buy-10-get-one-free punch-card-style system, merchants can design their own terms, like giving a spa treatment after a customer spends a certain amount of money.The program is run digitally, so customers don't even have to stuff another set of paper cards in their wallets. Groupon automatically tracks how much customers spend where via the credit card associated with their account. Both merchants and customers can see where the

Groupon reports smaller 1Q loss, higher revenue

(AP) -- Online deals company Groupon Inc. posted a smaller net loss and sharply higher revenue in the first quarter, helped by increased demand from a growing customer base.

Mon 14 May 12 from Phys.org

Groupon reports smaller 1Q loss, higher revenue, Mon 14 May 12 from AP

Groupon shares soar ahead of earnings report

Groupon Inc.'s shares soared in trading Monday ahead of the online deals company's first-quarter financial report, which comes out after the market closes.

Mon 14 May 12 from Phys.org

Groupon shares soar ahead of earnings report, Mon 14 May 12 from AP

Groupon's Q1 Earnings Beat Estimates: $559.3M In Revenue, $1.35B In Groupons Sold

Groupon just published its second quarterly earnings report after going public in 2011. The Chicago-based company made $559.3 million in revenue during the first quarter of 2012, up 89% year-over ...

Mon 14 May 12 from TechCrunch

Groupon's merchant payments eyed ahead of results

SAN FRANCISCO (Reuters) - Groupon Inc's accounting has been scrutinized since the daily deal company went public in November, but the percentage it pays merchants is under the spotlight ahead ...

Tue 8 May 12 from Reuters Technology

Can Groupon Rewards Transform Local Commerce?

That's the plan, says CEO Andrew Mason. A new national loyalty program is one way it's trying. Here's how the deals company plans to go beyond discounts and to "help merchants ...

Fri 11 May 12 from

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