wordpress blog stats
Connect with us

Hi, what are you looking for?

Groupon Restructures South Asia Team; Ankur Warikoo Is APAC Emerging Markets Head

Daily deals site Groupon has restructured its South Asian management, with Groupon India CEO Ankur Warikoo being promoted to head the emerging markets in Asia Pacific, reports PTI ( via The Economic Times). Warikoo will look after the company's operations in India, Thailand, Indonesia and Philippines. The report also says that Groupon has also promoted Groupon India COO Bharath Devanathan as the COO for Asia Pacific emerging markets and Groupon India CFO Sumeet Kapur as the regional finance director. Groupon had entered the Indian market by acquiring SoSasta in January 2011, however the SoSasta founders had exited the venture in August 2011 and Groupon had appointed Ankur Warikoo as the CEO of Groupon's India business. The company initially operated under the Crazeal brand, before rebranding itself again as Groupon India in October 2012. Warikoo claimed that Groupon India has sold 5 lakh deals in the year 2012-13, with an average transaction value of Rs 1,300, as indicated by the report. In India, Groupon India competes with Info Edge backed Mydala, Times Internet's* Timesdeal, Rediff's Deal Ho Jaye and Smile Group's DealsAndYou among others. Snapdeal also offered deals, before pivoting to an online marketplace. The company however still offers deals for spa, restaurants and entertainment related events. Related: - Groupon India Can Use Brand Name But Case For Groupon.in Still On; On Segments, Group Buying Model & More - Crazeal Being Rebranded As Groupon - Groupon’s India Biz: SoSasta Founders Out, Ankur Warikoo Is CEO; Groupon.in Injunction *Disclosure: Times Internet is an advertiser with Medianama

Please subscribe/login to read the full story.
Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

Studying the 'community' supporting the late Sushant Singh Rajput (SSR) shows how Twitter was gamed through organized engagement

News

Do we have an enabling system for the National Data Governance Framework Policy (NDGFP) aiming to create a repository of non-personal data?

News

A viewpoint on why the regulation of cryptocurrencies and crypto exchnages under 2019's E-Commerce Rules puts it in a 'grey area'

News

India's IT Rules mandate a GAC to address user 'grievances' , but is re-instatement of content removed by a platform a power it should...

News

There is a need for reconceptualizing personal, non-personal data and the concept of privacy itself for regulators to effectively protect data

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ