Facebook IPO is in the works, Wall Street Journal reports. The social media site is looking into raising up to $10 billion from a Facebook IPO.
Black Friday this year set new records for in-store and online buying. Despite high unemployment and a generally worrisome economy, nearly half of all Americans went shopping.
Groupon IPO was poised to raise $25 billion a few months ago. Now, the Groupon IPO is slated for less than half that. Why the change?
Sure, access to the Internet costs you something every month. But did you ever stop to think how much money it saves? Online price comparison and access to wholesale markets and group deal sites, like livingsocial.com and Groupon, can save the average consumer $8,000 annually, according to new study from the Internet Innovation Alliance (IIA), a coalition that lobbies to make high-speed Internet access more affordable and widely available. “Generally Internet shopping can be a big money saver,” agrees Jody Rohlena. senior editor at Shopsmart magazine, but beware of online impulse buying: “It’s important to stick to your budget and try not to go crazy.” Here are nine areas of consumer spending where the Internet can save big bucks, according to the IIA study. Can you guess which spending category is in the top spot?
The Kindle Fire is integrated with the Amazon cloud computing service, and the user is automatically logged into Amazon, turning the device into a powerful proprietary shopping tool.
The hyper-discounts of online coupon dealers like LivingSocial have not created loyal customers. Some businesses are finding that smaller numbers of coupons – and smaller discounts – might be more sustainable in the long run.
Groupon's challenge is a quirk in behavioral economics. People don't like products and services as well when they pay a discounted price for them.