Feeds

Groupon moves into online retailing in US

All products made of 'bonded molecules and stardust'

Top three mobile application threats

Groupon has launched a retail unit in the US, putting the daily deals website in competition with etailing leaders like Amazon.

The US website currently has an FAQ list on the new service here, that enthuses:

Groupon Goods features really good deals on great products. To get airspace on Groupon Goods, a product has to be cool enough to share and innovative enough to inspire. It also must be made of reliably bonded molecules and stardust.

Honestly, if we think a product is remarkable and we can offer a good deal on it, we'll do so.

The web company sent emails to select customers with discounts on home furnishing products like LED TVs and coffee brewers, according to a Reuters report.

"(The offer is) already seeing good results," a source close to the matter told the agency. "Groupon Goods is the buzz around Groupon. It can add significant impact to Groupon's growth strategy."

Groupon UK said it could not provide any statement at the moment as the email had been sent in the US and was currently for US subscribers only.

A move into retail could not only provide Groupon with a new revenue stream, but also bolster investor confidence in the firm ahead of its proposed IPO.

The coupon site was supposed to be going public earlier this month, but there's no sign of movement on the offering yet. Most recently, sources were claiming the IPO was scheduled for late October or early November, after being delayed partly by an SEC stumbling block over the well-publicised leaked email from Groupon CEO Andrew Mason, and partly by volatile market conditions. ®

Application security programs and practises

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
White? Male? You work in tech? Let us guess ... Twitter? We KNEW it!
Grim diversity numbers dumped alongside Facebook earnings
Microsoft: We're making ONE TRUE WINDOWS to rule us all
Enterprise, Windows still power firm's shaky money-maker
HP, Microsoft prove it again: Big Business doesn't create jobs
SMEs get lip service - what they need is dinner at the Club
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.