Tag Archives: Groupon.com
Groupon Stock Price Drops Below $17
The stock price of Groupon Inc (NASDAQ:GRPN) has dropped consecutively for three days this past week. Groupon opened at $20 per share and it closed yesterday at $16.96. So why is Groupon’s stock dropping?
(more…)
Categories Groupon, Groupon.com
Leave a comment
How Much Groupon Executives and Investors Made From The IPO
Yesterday Groupon Inc. (NASDAQ:GRPN) had an initial public offering. The company set their stock price at $20 and yesterday it closed at $26.11. The company was given a valuation of over $17 billion. BusinessInsider.com has compiled a list of how much the executives and investors made from the IPO. Below is the list:
(more…)
Categories Accel Partners, Andreessen Horowitz, Andrew Mason, Battery Ventures, Brad Keywell, Brian Totty, Digital Sky Technologies, Elizabeth Lefkofsky, Eric Lefkofsky, Fidelity Investments, Greylock Partners, Groupon, Groupon.com, Howard Schultz, Kenneth M. Pelletier, Kleiner Perkins, Kleiner Perkins Caufield & Byers, Maverick Fund, Morgan Stanley, New Enterprise Associates, Robert Solomon, T. Rowe Price, Technology Crossover Ventures, Ted Leonsis, The European Founders Fund, The Growth Fund of America
Leave a comment
Groupon Opens Up IPO Trading At $28
Groupon has done it. They have become one of the fastest growing tech companies to go from launch to IPO. Groupon started as a company called ThePoint.com in November 2007. ThePoint.com raised $7.3 million in funding and then they decided to change focus to become Groupon in November 2008.
(more…)
Categories Groupon, Groupon.com
Leave a comment
Groupon Prices Their Shares At $20 Per Share, Putting Them At A Valuation Of $13 Billion
As Groupon is preparing to file for an initial public offering, the company priced their shares at $20 per share, which is several dollars above the expected price range of $16 to $18. Groupon is expected to raise about $700 million from the I.P.O., which will put them at a valuation of close to $13 billion.
(more…)
Categories Groupon, Groupon.com
Leave a comment
Groupon Vice Chairman Ted Leonsis May Have Conflict Of Interest
Ted Leonsis is a former AOL executive that owns the NBA Washington Wizards. Leonsis is currently a Vice Chairman at Groupon Inc., but he is also an investor in competitor LivingSocial. Leonsis also has ties to LivingSocial’s board of directors. This could be a major conflict of interest.
(more…)
Categories Groupon, Groupon.com, LivingSocial, Ted Leonsis
Leave a comment
News and Analysis Service Benzinga Raises $1.5 Million
Benzinga has raised $1.5 million from Lightbank, the investment fund started by Groupon founders Eric Lefkofsky and Brad Keywell. Benzinga is a financial media source company that delivers streaming news.
(more…)
Categories Benzinga, Brad Keywell, Eric Lefkofsky, Groupon, Groupon.com, Lightbank
Leave a comment
Groupon Launches In China Under The Name Gaopeng.com
Groupon has launched in China under the name Gaopeng.com. The website will initially cover Beijing and Shanghai. Tencent Holdings and Yunfeng Capital are investors in Gaopeng. Yunfeng Capital is a private equity fund started by Alibaba.com Chairman Jack Ma. Some of Gaopeng.com’s competitors include Lashou.com and Meituan.com. [Bloomberg]
Categories AliBaba, Alibaba Group, Alibaba.com, Gaopeng.com, Groupon, Groupon.com, Jack Ma, Tencent, Tencent Holdings, Yunfeng Capital
Leave a comment
Groupon Hit $760 Million In 2010 Revenues
Daily deals website Groupon.com hit $760 million in 2010 revenues. This is a huge increase from their 2009 revenues of $33 million. More than one third of their sales came in from outside of the U.S. Groupon CEO Andrew Mason hopes to hit billions in 2011 revenues.
(more…)
Categories Groupon, Groupon.com
1 Comment
Why Groupon Ran The Politically Incorrect Super Bowl Ads
Groupon CEO Andrew Mason took some time to explain why they ran the politically incorrect ads on the Super Bowl. Groupon partnered with community organizations like SaveTheMoney.org for on this idea.
(more…)
Categories Andrew Mason, Crispin Porter and Bogusky, Groupon, Groupon.com
2 Comments
Groupon Pushing For An IPO, Potentially To Be Valued At $15 Billion
Group coupon website Groupon.com rejected Google’s $6 billion offer because they wanted a $1 billion break-up fee in case the deal did not get approved by regulators. Now Groupon is said to be preparing an initial public offering which would potentially give them a valuation of $15 billion or more. Groupon recently raised $950 million in funding and now they are talking with banks this week. This past December Groupon hired Jason Child as the CFO, who previously was the VP of finance for Amazon.com’s international business. Groupon now has about 3,100 staff members.
Categories Groupon, Groupon.com
Leave a comment