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Groupon just announced via its blog that it has acquired Breadcrumb , the creators of an affordable point of sale system and iPad app that targets local restaurants. While the terms of the deal have not yet been disclosed, Groupon has made a run of acquisitions over the last six months, and this move is likely one being made half for talent and half for access to the startup’s client roster.
Daily deals pioneer Groupon announced today that its real-time, location-based offers service Groupon Now! has reached 1.5 million deals sold in a year from its launch, achieving the milestone three months quicker than its traditional deals service. In what will be of little surprise to anyone, Groupon’s 1.5 millionth deal was a beauty treatment — a $30 manicure from a nail bar in Chicago.
Groupon was forced to restate fourth quarter earnings, sending its stock down 6% in after-hours trading.
Groupon announced at the 2012 Mobile World Congress in Barcelona on Monday that it experienced a record-breaking month in December among mobile app users, as one quarter of all Groupon vouchers were purchased via a mobile device. The deal-of-the-day site said usage of its mobile app more than tripled over the previous year to 9 million users as of December. To expand the reach of its app, Groupon also revealed plans to roll out mobile service to more than 30 countries in the near future.
Now this makes a lot of sense. Groupon this morning announced its latest product, dubbed Groupon Scheduler , an online appointment service that makes it easier for both end users and merchants to go from offer to actual booking.
It just won’t stop dropping . Groupon, which at one point traded for more than $26 a share, has dropped to $15.24 and continues to drop in after-hours trading. That’s nearly 25% down from its $20 IPO strike price.
Groupon has priced its IPO at $20 a share according to reports , which would give the company a $12.7 billion valuation and mean that it’d be seeking $690 million in tomorrow’s offering, by floating only 5.4 percent of its shares. Right before the pricing news hit, I sat down with SoftTechVC founder and Groupon shareholder Jeff Clavier to talk about the strategy behind the company’s decision to go public.
After some timing drama, daily deal site Groupon finally has begun trading on the NASDAQ this morning, in the most hotly anticipated and largest Internet company IPO since Google. The company — which trades under the ticker $GRPN — priced its shares at $20 last night, but began trading at $28, an increase of 40%.
Où s'arrêtera Groupon ? La plateforme de vente de services et produits promotionnels géolocalisés, qui vient de décliner une offre d'achat historique de Google, n'en finit pas de surprendre.