LinkedIn Gains 7.2% After Crushing Numbers, Facebook Acquires Social Stalking App & India's Koovs Discontinues Daily Deals

Daily Deal Media News Social Commerce News for May 7th, 2012 LinkedIn Absolutely Spanks Revenues and Earnings Numbers – Shares Gain 7.2% Groupon Shares Lost Another 16.7% – Moving Closer to Pre-IPO Buyout Offer How Do You Improve the Effectiveness of Online Offers? Seamlessly. Facebook Acquires “Social Stalking” App Glancee India’s Koovs Discontinues Daily Deal Category 8thBridge.com Provides Changes to Social Commerce by Adding ‘Love it’, ‘Need it’, ‘Own it’, but will it ‘Fix it’? PETching Helping to Bring Lost Pets Home BOOKITOUT.com Voted Jacksonville, Florida’s ‘Boldest Company of 2011’ Startups.com Calls it Quits with Daily Deals Mobile Marketing, mCommerce To Continue Driving Small Business Growth LinkedIn Absolutely Spanks Revenues and Earnings Numbers – Shares Gain 7.2% Record $188 million in revenues A few weeks ago, I profiled Apple and mentioned that LinkedIn should be watched closely as their 4thquarter numbers were excellent. My belief was that more and more professionals would join and partake in the services that LinkedIn offers and that there could be significant growth especially globally. Well, the company certainly did NOT disappoint. The company announced their first quarter numbers for 2012 and in my opinion, they were awesome. Directly from LinkedIn’s earnings call transcript, first quarter revenues grew 101% to a record $188 million. Take notice that this marks the seven straight quarter in which the company’s revenues have at least doubled over the prior year. That is a textbook example of what to look for in a solid company and stock. Earnings call highlights: Adjusted EBITDA of $38 million Non-GAAP EPS of $0.15. Cumulative membership grew 58% year-over-year to 161 million members. Added 15 million new members approximately 2 member signups per second. Two thirds of those came from outside the US. Hiring Solutions grew 121% to $103 million. Marketing Solutions was up 73% to $48 million Premium Subscriptions increased 91% to $38 million. 400,000 unique publishers are now using a LinkedIn share button. That’s up 33% from 300,000 since early February. Also, more than 60,000 third-party developers now use the company’s APIs to build innovative services beyond their platform. That number is up 20% from 50,000 in February According to the earnings call, 61% of LinkedIn members are now... Brought to you by ...   OfferWiseSMSolution    No more paper, No more trackless deals Powered by First Data Groupon Shares Lost Another 16.7% – Moving Closer to Pre-IPO Buyout Offer Lost another $1.3 billion in market cap It’s becoming increasingly difficult to find any kind of positive news on Groupon. Last week sure didn’t change anything either. Shares of Groupon (GRPN) had made a feeble effort the prior week (last week in April) to mount a comeback however, market technicians and traders saw very little volume and without volume (buyers) there won’t be any come back. The overall price trend of GRPN shares continued its dismal descent that began with the restatement announcement on March 30th. This past week, the shares lost another 16.7%. To throw some numbers out there, the company lost another $1.3 billion in market capitalization. In the past 36 days (24 trading sessions), Groupon has lost a whopping $5.4 billion in market cap. Market capitalization on the week lost another 16.7% and a massive 46% in the past 36 days. Since March 30th, GRPN is losing, on average, $225 million in market cap daily. Although I don’t see this happening, at that rate, I calculate Groupon would only have 29 trading sessions left in its existence ... How Do You Improve the Effectiveness of Online Offers? Seamlessly. Although couponing has gained mainstream acceptance, those pesky pieces of paper have proven an inefficient way to redeem the offer. They get lost or expire, or slow checkout lines to a crawl. And what if the marketer wants to see if they were even used, and by whom? Take a look at the next step in online offers. How do you improve the effectiveness of online offers? Seamlessly. The recession has given birth to the acceptance of couponing. And with growing online and mobile access, it won’t be going away any time soon. 78% of all consumers in the U.S. redeemed coupons in 2010, and the average American household now participates in 18 consumer reward programs—all great news for merchants and offer publishers ... Daily Deal Media LLC 700 Tower Dr Suite 500, Troy MI 48098 Direct: (248)247-3580 Email: info@dailydealmedia.com Web: http://dailydealmedia.com Be a fan on Facebook Follow us on Twitter RSS Feed

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