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Tag Archives: groupon

Groupon restatement sparks more worries

NEW YORK — Groupon’s announcement that its revenue and earnings were lower than what it reported in February is sparking fresh worries about the young company’s business model. Trouble arose when the online deals company said late Friday that it ...

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Report: Facebook seeks $10 billion in IPO

NEW YORK — Facebook might finally be laying down the groundwork for a highly anticipated initial public offering, long expected to take place sometime after April 2012. The Wall Street Journal is reporting that the world’s largest online social network ...

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Groupon shares jump in public market debut

NEW YORK — Groupon, the company that pioneered online group discounts, saw its stock rise sharply in its public debut Friday, showing strong demand for an Internet company whose business model is considered unsustainable by some analysts. Groupon’s stock jumped ...

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Groupon raises $700M with IPO at $20 per share

SAN FRANCISCO — Daily deals pioneer Groupon raised about $700 million with an initial public offering of stock priced well above expectations. The IPO was set late Thursday at $20 per share, above the anticipated range of $16 to $18. ...

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Groupon expects $478.8M in proceeds from IPO

NEW YORK — Online coupon seller Groupon Inc. is discounting its expectations for its first stock offering. The company, which offers consumers daily deals targeted to their city and preferences, now expects net proceeds of about $478.8 million from its ...

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