Groupon Is Said to Be Discussing IPO Valuation of as Much as $25 Billion
Bloomberg - Groupon Inc. has held talks with banks about an initial public offering that would value the online-coupon company at as much as $25 billion, according to two people with knowledge of the discussions.
The two-year-old startup’s IPO may happen this year and is unlikely to assign Groupon a valuation of less than $15 billion, the people told Bloomberg Businessweek. They asked not to be identified because the talks were private.
Groupon, the top provider of online daily discounts, has pushed into hundreds of new cities and doubled its subscriber base over the past three months. Read more.
The two-year-old startup’s IPO may happen this year and is unlikely to assign Groupon a valuation of less than $15 billion, the people told Bloomberg Businessweek. They asked not to be identified because the talks were private.
Groupon, the top provider of online daily discounts, has pushed into hundreds of new cities and doubled its subscriber base over the past three months. Read more.
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