group buying coupons

What Groupon Will Do With That Extra $950 Million

Word is bubbling up that Groupon is about to close a $950 million funding round. But the company is already the global group buying leader and is growing much faster than its competitors, so why does it need so much money? For world domination, of course ... and here's how it's likely to play out.

Why Groupon Will Crush Most Group-Buying Clones

Many pundits lately have decried the Groupon model as easy to emulate, and predicted fierce competition from many new players, price wars and a race to the bottom in terms of commissions. Web industry watcher Alex Salkever used to believe that, too -- but not anymore. Here's why:

Patch Rolls Out Coupons: Is It Setting Its Sights on Groupon?

Aol's fast-growing, hyper-local news company Patch rolled out coupons on its sites last month. So far, the coupons appear to be of the traditional variety, but considering Patch's overall strategy and boots-on-the-local-ground base, I'd bet that it has a Groupon-clone under development.