Coupons | featured news

As Groupon clones have proliferated, the loyalty to Groupon of both consumers and merchants offering online deals has eroded.

The women sat expectantly as Monica Knight told them she once routinely spent $600 a month on groceries for her family of four. Breaking into a broad smile, Knight says that figure has been reduced to only $100 to $150 a month.

Groupon was forced to restate fourth quarter earnings, sending its stock down 6% in after-hours trading. This surprised me as much as my $2 investment in the Mega Millions jackpot not paying off.

Daily deals site Groupon Inc filed for an initial public offering, hoping to capitalize on the biggest investor stampede into Web start-ups since the dotcom bubble burst a decade ago.

Google Inc. launched its bid to dominate a world where the smartphone has replaced the wallet as the container for credit cards, coupons and receipts.

Groupon is expected to pick Goldman Sachs and Morgan Stanley as its two lead underwriters for an IPO planned later this year. The IPO is expected to value the Chicago company at between $15 billion and $20 billion, these people said. The valuation could change depending on market conditions at the time of the IPO.

Amazon will lower the price of its electronic reader by showing ads as screensavers and at the bottom of the home screen, and by selling special offers.

Facebook is making a big announcement today to the media — according to a tweet from tech blogger Robert Scoble — and many are expecting the social network to launch its own coupon service, Facebook Deals. 

LivingSocial has raised $400 million to help fuel its expansion and keep up with rival coupon website Groupon.

Ever wonder if coupon clipping is worth your time? While it can save extra dollars and cents, it can also cost you time and effort. Some say we should just wait for sales and buy in bulk and we can forego coupon clipping altogether.