Groupon has acquired mobile payments company Kima Labs and geolocation technology company Hyperpublic. Kima Labs is known for building the mobile barcode reading app called Barcode Hero and mobile payment app TapBuy. Groupon acquired a New York City based startup company called Hyperpublic, which is a geolocation service with layers of information on it like deals and events.

Today Groupon has released their Q4 2011 report and they revealed 194% increase in revenues from $172.2 million in 2010 to $506.5 million this year. However Groupon reported a net loss of $37 million. This is the company’s first quarterly results since they became a public company this past November.

The U.S. Securities and Exchange Commission pressed Groupon CEO Andrew Mason last month amidst the company IPO about the Mason Memo that was leaked. The controversy around the memo is that there is supposed to be a “quiet period” in the press before a company has a public offering. In the memo, Mason laid out some of the financial metrics and trends to explain why Groupon is doing well despite all the bad press. In the memo, Mason said that he was “excited” about the company’s prospects and this could be considered as a way to pump the IPO.

Groupon Inc (NASDAQ:GRPN) has announced that they have launched a new scheduling service called Groupon Scheduler. This way customers can book appointments for venues like spa treatments, massages, etc. on-the-fly.

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?

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:

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.

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.