Groupon To Sell 30M Shares At $16-$18 A Pop, Valuation As Much As $11.4B. And so it begins. Groupon this morning published the expected price range of its shares, to be sold in an upcoming initial public offering, in an SEC filing. The daily deals company plans to sell 30 million shares at $16 to $18 a pop, which would see Groupon raise between $480 million and $540 million. This would give Groupon a valuation as high as $11.4 billion. As rumored yesterday, the Chicago company will trade on NASDAQ, under the ticker ‘GRPN’. Groupon filed to raise $750 million in its IPO back in June 2011, but has since scaled down the offering substantially as many industry watchers have raised valid concerns about its accounting practices, the sustainability of its business model and the fact that the company has seen its share of executive departures recently. The market is also weak, overall. There is one huge silver lining. The New York Times offers a detailed look on the company’s updated financials, which are suddenly looking remarkably strong.
Groupon's Mason Tells Troops in Feisty Internal Memo: "It Looks Good." - Kara Swisher - Commerce. Facing a barrage of negative press about its upcoming IPO, Groupon CEO and co-founder Andrew Mason took up a pen to counter critics of the social buying service. Especially under scrutiny has been the Chicago-based Groupon’s accounting of its finances — along with worries that its torrid growth is slowing — both of which Mason addressed in detail in a pugnacious email memo to his thousands of employees. Specifically referencing a recent article speculating that the daily deals site was running out of money, Mason said, in part: “While we’ve bitten our tongues and allowed insane accusations (like in the article above) to go unchallenged publicly, it’s important to me that you have the context necessary to brush this stuff off.”
Mason also took on the controversial ACSOI — or adjusted consolidated segment operating income — metric that Groupon used in its initial filing and later stepped back from. Mason also took some aim at competitors, such as LivingSocial and Yelp, in the email. Groupon clarifie ses comptes avant d’entrer en Bourse. Créez votre site Groupon sous Joomla! 1.6 avec EnMasse | Creation site Internet et logiciel, web agency Lyon – Blog AVANIM.
GROUPON SURVEY RESULTS: More Than 50% Of Groupon's Business Customers Do Not Want To Issue Groupons Again. Internal LivingSocial Survey: Vast Majority Of Businesses Profit Or Break Even On Daily Deals. Foursquare va vendre les Daily Deals de Groupon. Local. Achat groupé. CHART OF THE DAY: Why People Still Subscribe To Newspapers.