11:18PM | Monday, 7 November 2011 | It’s been revealed Groupon raised $US700 million after increasing the size of its initial public offering, with experts predicting the local market to witness similar activity as the sector starts to mature.
9:44AM | Friday, 2 September 2011 | In this Mumbrella conference, the bosses of four of Australia’s leading group buying sites – Cudo, Living Social, Spreets and Scoopon – talk about the burgeoning coupon market and whether it has a long-term future.
8:42PM | Friday, 12 August 2011 | Groupon’s Stardeals brand will be discontinued after the company announced it has switched over to the groupon.com.au domain, ending an eight-month battle with bitter rival Scoopon.
7:45PM | Friday, 22 July 2011 | The Groupon and Scoopon legal battle has come to an end, with the two companies agreeing to settle out of court for the ownership of the Groupon trademark and Australian URL.
7:12PM | Monday, 18 July 2011 | Australian consumers’ spend on group buying sites soared by 72% during the June quarter, according to a Telsyte report, but experts say sites will start to fold as the market becomes more crowded.
7:27PM | Monday, 4 July 2011 | Niche group buying site Bellabuy, formerly Beautyscoop, says it was forced to change its name after Scoopon accused the start-up of trademark infringement based on the word “scoop” in its name.
6:34PM | Wednesday, 22 June 2011 | James Packer’s $80 million investment in local group buying site Scoopon could affect its legal battle with international rival Groupon, according to the US-based site’s legal counsel.
6:47PM | Monday, 6 June 2011 | Start-ups are being urged to act with caution when advertising deals on group-buying sites, as small businesses start to feel the pressure of the daily deal phenomenon.
5:49PM | Thursday, 26 May 2011 | The group buying phenomenon has been illustrated by new figures that show a 1,000% annual increase in visits to daily deals sites.
5:07PM | Monday, 23 May 2011 | Daily deals site Catch of the Day and its group-buying subsidiary Scoopon have secured an $80 million investment from a high-profile consortium.