|Bid||4.60 x 100|
|Ask||4.91 x 100|
|Day's range||4.73 - 4.85|
|52-week range||2.90 - 5.99|
|PE ratio (TTM)||190.40|
|Earnings date||1 May 2018 - 7 May 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||5.31|
Although Amazon’s (AMZN) decision to open a physical bookstore in the Georgetown neighborhood may have been motivated by Washington’s underserved book market, a physical presence in Georgetown could bring more benefits to the company. Georgetown is one of the wealthiest neighborhoods in Washington, D.C., and that could mean that a good number of residents there already subscribe to the Amazon Prime program. Perhaps planting a bookstore in Georgetown could help Amazon attract more Georgetown households to Prime or capture more spending from existing Prime customers in the neighborhood.
Machine learning startup Uptake is buying Asset Performance Technologies, which controls a huge trove of industrial data.
On April 6, 2018, Snap (SNAP) was trading 5.0% below its 100-day moving average. In comparison, Baidu (BIDU) was trading 9.2% below its 100-day moving average, Yelp (YELP) was trading 4.4% below its 100-day moving average, Groupon (GRPN) was trading 12.6% below its 100-day moving average, and Yandex (YNDX) was trading 6.5% above its 100-day moving average.
Comcast's theme park resort in Florida is opening a new hotel in 2018, 2019, and 2020, with Disney in its crosshairs.
In its latest economic outlook report, Yelp (YELP) stated that Charleston, South Carolina, recorded the fastest increase in the number of local businesses in 4Q17. Local business growth was slowest in San Jose, California, with high rents cited as one of the city’s growth inhibitors. In addition to looking at local business growth, Yelp took a closer look at the health of the restaurant industry and revealed a number of notable shifts.
The gun-control debate has put some business executives in an awkward position. According to Bloomberg, some customers have threatened to cancel their $99-a-year Prime subscription to force Amazon (AMZN) CEO Jeff Bezos to pick a side in the hot gun-control debate. Amazon sells neither guns nor gun accessories, but some activities have pressed the company to publicly state whether it is for or against firearms control.
In addition to renewing the lease for its fulfillment hub in Hebron, Kentucky, Groupon (GRPN) is hiring for the facility. Groupon closed 4Q17 with 6,672 employees globally, compared with 7,267 at the end of 4Q16. The drop in Groupon’s global headcount was due to the company ending operations in certain markets.
Today, Groupon announced the company’s latest strategic partnership aimed at transforming the ecommerce marketplace into a destination for everything you do locally. Groupon is partnering with Universal Orlando Resort to offer multi-day ticketing packages for all three of Universal Orlando’s theme parks: Universal Studios Florida, Universal’s Islands of Adventure and Universal’s Volcano Bay.
How is marketing investment affecting Groupon’s (GRPN) performance? Recently, Groupon has been investing significantly in marketing activities, where its initiatives have combined online and offline campaigns. A lot of Groupon’s marketing investments have been geared toward drawing more shoppers to the platform and driving new product and solution uptake.
Groupon (GRPN) will continue to call Northern Kentucky home after renewing the lease for its fulfillment hub in Hebron, Kentucky. The lease renewal means that Groupon is set to continue to occupy the 330,000-square-foot building for five more years, until 2023. The Hebron fulfillment center has served as Groupon’s hub since 2013, and the company has shipped more than 20 million items to US and Canadian customers from the hub.
Groupon (GRPN) is going to continue to focus on improving profitability in 2018, and this will likely require management to take certain specific steps to reach the goal. To drive profitability, Groupon is expected to double down on creating a more seamless shopping experience for customers so that they can shop more on the platform. Ultimately, Groupon hopes investing in a better customer experience will boost its gross profit per shopper and help achieve its primary goal of improving profitability.
A Connecticut man has been sentenced to four years in prison and ordered to pay more than $3.6 million in restitution for operating a long-running scheme involving fake invoices through clones of Groupon ...
Coupang has a stronghold on the e-commerce market in South Korea. Amazon, already struggling to crack markets in Asia, has yet to set foot in the South Korean market.
Facebook's biggest investors are quiet so far on the controversy but they may not remain that way for long.