Feeds

Groupon moves into online retailing in US

All products made of 'bonded molecules and stardust'

Top 5 reasons to deploy VMware with Tegile

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. ®

Remote control for virtualized desktops

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
How to determine if cloud backup is right for your servers
Two key factors, technical feasibility and TCO economics, that backup and IT operations managers should consider when assessing cloud backup.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
How to simplify SSL certificate management
Simple steps to take control of SSL certificates across the enterprise, and recommendations centralizing certificate management throughout their lifecycle.