Google Gets Groupon COO Back, Offers Kicking Butt

As you may have seen last week, Groupon COO Margo Georgiadis, who replaced former COO Rob Solomon only a few short months ago, is leaving to rejoin her former employer Google in a new, more senior role. She will become Google’s president for the Americas. In leaving Groupon Georgiadis gave up a $500,000 annual salary and stock options worth more than $25 million, according to BusinessWeek.

Either she got a great deal at Google or things are not going well at Groupon, which has restated revenues in its IPO-filing documents now twice. There may have been other issues that we’re not aware of. Regardless, Georgiadis’ departure confirms the narrative that things aren’t going so well for Groupon. The company is still planning to go public later this year or early next.

Given everything Google may now be happy that it was unsuccessful in its more than $5 billion effort to acquire the Chicago daily deals company. The failure led directly to the creation of Google Offers, which had a slow start but now seems to be picking up momentum according to Yipit:

In addition, Yipit also said that Google was outselling larger rivals LivingSocial and Groupon in selected markets:


Related Topics: Channel: Local | Google: Offers


About The Author: is a Contributing Editor at Search Engine Land. He writes a personal blog Screenwerk, about SoLoMo issues and connecting the dots between online and offline. He also posts at Internet2Go, which is focused on the mobile Internet. Follow him @gsterling.

Connect with the author via: Email | Twitter | Google+ | LinkedIn


Get all the top search stories emailed daily!  


Other ways to share:

Read before commenting! We welcome constructive comments and allow any that meet our common sense criteria. This means being respectful and polite to others. It means providing helpful information that contributes to a story or discussion. It means leaving links only that substantially add further to a discussion. Comments using foul language, being disrespectful to others or otherwise violating what we believe are common sense standards of discussion will be deleted. Comments may also be removed if they are posted from anonymous accounts. You can read more about our comments policy here.
  • Andrew Sandley

    Here in NYC at least Google Offers has been doing a lot of low $ offers ($2.50 for $5 worth of donuts, $5 for $10 worth of bagels). Combine that with the focus of Google Offers (1 deal per day) vs. Groupon (5+ per day) and I’m actually surprised the vouchers/deal metric is so close.

Get Our News, Everywhere!

Daily Email:

Follow Search Engine Land on Twitter @sengineland Like Search Engine Land on Facebook Follow Search Engine Land on Google+ Get the Search Engine Land Feed Connect with Search Engine Land on LinkedIn Check out our Tumblr! See us on Pinterest


Click to watch SMX conference video

Join us at one of our SMX or MarTech events:

United States


Australia & China

Learn more about: SMX | MarTech

Free Daily Search News Recap!

SearchCap is a once-per-day newsletter update - sign up below and get the news delivered to you!



Search Engine Land Periodic Table of SEO Success Factors

Get Your Copy
Read The Full SEO Guide