Groupon Finally Gets Its Act Together

Since the end of February Groupon (NASDAQ: GRPN  ) shareholders have held on in trepidation as the the company's share price shot upwards, despite the company not having a full-time CEO. That changed this week, though, as the company announced that Erik Lefkofsky would take the top position at the daily dealmaker. Under his and Chairman of the Board Ted Leonsis' leadership, the company's stock has risen 70% over the last few months, and the appointment of Lefkofsky, combined with solid earnings results, sent shares up an additional 20% recently.

But all is not perfect in Groupon's world -- it still has to deal with competitors Facebook (NASDAQ: FB  ) and Google (NASDAQ: GOOGL  ) .  Although Groupon's mobile results were strong this quarter, will they be enough to keep up with two of tech's most powerful titans?  Let Motley Fool Blog Editor Mark Reeth tell you the answer in the video below! 

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  • Report this Comment On August 08, 2013, at 8:00 PM, Blackjaxx wrote:

    What daily deals do Google and Facebook offer that are of the same quality or notoriety as Groupon? For example, when I think deal, as in, I'm looking for a deal on a cab to pick me up and take me somewhere, I certainty don't think let me check facebook. I may use Google to look for a deal, but I've never taken a deal from Google.

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