Five Reasons Why Groupon Could Hit Gold with Latinos
Plenty of cash flows for start-ups like Groupon, a company that sells daily discount deals using their website and social media sites. In a bold move, they rejected a whooping $6 billion takeover bid from Google. Instead, they are working the details to offer their first I.P.O. with a market valuation of $15 billion. In the meantime, they also raised $950 million from private investors, according to The New York Times. These numbers show how confident investors are in the power and potential of collective coupon sales.
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