Friday, June 03, 2011

Groupon Plans I.P.O., Valuing It Near $30 Billion - NYTimes.com

Far from clear if this is a bargain

The social buying site on Thursday filed to go public, a hotly anticipated debut that could raise $3 billion, according to two people close to the company who were not authorized to speak publicly. At that level, the company would be worth roughly $30 billion, surpassing the value of Google at its initial public offering.

Groupon Plans I.P.O., Valuing It Near $30 Billion - NYTimes.com

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