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Is social commerce the next big thing for etail?
A new trend is taking off in e-tail, which is becoming known as “social commerce”. This new online business model is essentially based around people’s enthusiasm for online voting, and with its strong...
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Five reasons why charities are doing so well in social media
Social media has had a large part to play in driving donations towards relief efforts to help those affected by the tsunami in Japan. Some have been received well, like the initiative by LivingSocial...
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Groupon to be valued as high as $20bn as 2011 IPO moves closer
It is set to be the most hyped technology IPO for years. Groupon is reported to be close to picking investment banks Goldman Sachs and Morgan Stanley as advisers ahead of a planned initial public...
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More than 1,000 jobs gone at Living Social and Groupon
Business Insider reports on the shaky world of daily deals websites as LivingSocial announces it is cutting 400 staff. That represents almost 9% of its total workforce. The cuts at LivingSocial follow...
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