Groupon, the local deals giant, has just been busted by Advertising Standards Authority (ASA) – no pun intended. It’s no longer allowed to sell 24 hour deals for breast implant vouchers.
Tagged ‘Groupon’
Wow. Spotify has snagged a seriously large amount of cash from DST, the venture capital outfit that has backed Facebook and Groupon among others. The injection of funds is reported to value the streaming music service at almost $1bn.
The investment round is reported to be for more than $100m but numbers rumoured in these cases are often wide of the mark and subject to gossip from interested parties. Still, the DST investment suggests Spotify is on track to launch Spotify US and that the all important deals with the record labels are close to completition. We’d like Spotify everywhere worldwide please. Thanks awfully…
Out now | £free | Spotify
Google tried to buy GroupOn. It offered the deals service $6bn and GroupOn said no. Looks like that was a silly move as Google’s own deals plans have been revealed with Google Offers in its testing phase.
Google Offers was revealed in a cache of leaked documents but has been confirmed by Google. The service will send one local deal-of-the-day via email to users and those deals will be time limited and require a certain number of users to snap them up before they’re activated.
Fresh off a weekend of R&R, it’s that time again for your morning US update of things you might have missed on my side of the pond. Breaking headline this morning was Groupon entering the digital music store game, Google Docs going mobile, Apple saying no to Snuggie Porn and more.
Groupon is taking their talents to digital music downloads in a move reminiscent of the Lebron James departure to South Beach. The group coupon experts, Groupon, went official by announcing the Grouponicus Store today, with Rhianna’s new album as a key offering.