Today in Tech: Groupon's $25 billion IPO

Groupon is reportedly in talks with various banks over an initial public offering (IPO) that would value the daily deals site for as much as $25 billion, roughly half of what Facebook is currently worth. Given Groupon's recent actions -- walking away from Google's $6 billion offer, building a staff of 5,900 employees, and expanding into countries like China -- the IPO move, which could happen some time this year, certainly makes sense.

Read Full Article from Fortune

- Posted: 2011-03-17 10:53:04

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