Forum Views ()
Forum Replies ()
Read more with google mobile :
Groupon IPO may value company at $15-$20 billion: source
|
Edition:
U.S.
Article
Comments (0)
Follow Reuters
Facebook
Twitter
RSS
YouTube
Read
Aviation official quits over sleeping controllers
14 Apr 2011
U.S., allies see Libyan rebels in hopeless disarray
|
14 Apr 2011
UPDATE 1-US aviation official quits over sleeping controllers
14 Apr 2011
Senate panel slams Goldman in scathing crisis report
13 Apr 2011
RIM's email-less PlayBook gets tough reviews
14 Apr 2011
Discussed
174
China tells U.S. to quit as human rights judge
143
Reid says Republicans want shutdown to close clinics
81
Obama to lay out deficit plan with focus on tax, spending
Watched
South Korean "super gun" packs hi-tech killing power
Mon, Feb 14 2011
NATO divided on Libya as Gaddafi celebrates
Thu, Apr 14 2011
X-47B - the future of autonomous aerial warfare
Fri, Feb 11 2011
Groupon IPO may value company at $15-$20 billion: source
Tweet
Share this
NEW YORK (Reuters) - Groupon is likely to pick Goldman Sachs and Morgan Stanley to lead a second-half initial public offering that could value the fast-growing daily deals site at $15 billion to $20 billion, a source familiar with the matter said on...
Email
Print
Related News
Cost surge under new Google CEO unnerves Street
Thu, Apr 14 2011
Glencore seeks up to $12.1 billion in IPO, names chair
Thu, Apr 14 2011
CORRECTED - Glencore IPO may topple Goldman in adviser rankings
Thu, Apr 14 2011
UPDATE 2-McDonald's LatAm franchisee IPO raises $1.25 bln
Wed, Apr 13 2011
UPDATE 2-Italy luxury group Ferragamo files for Milan IPO
Wed, Apr 13 2011
Analysis & Opinion
Blue chips: The last bargain?
Muni sweeps: Tough choices ahead
Related Topics
Technology »
Deals »
Global Deals Data 2011 Q1 »
Inflows Outflows »
Media »
Stocks
An online coupon sent via email from Groupon is pictured on a laptop screen November 29, 2010 in Los Angeles.
Credit: Reuters/Fred Prouser
NEW YORK |
Thu Apr 14, 2011 9:13pm EDT
NEW YORK (Reuters) - Groupon is likely to pick Goldman Sachs and Morgan Stanley to lead a second-half initial public offering that could value the fast-growing daily deals site at $15 billion to $20 billion, a source familiar with the matter said on Thursday.
Groupon could raise as much as $1 billion in the IPO, which could come in the second half of 2011, although the exact size had not yet been determined, said the source, who was not authorized to speak to the media.
The source cautioned that the size of the IPO and the market value of the company were not final and could change.
The possible market value was first reported by the Wall Street Journal, which also said that JPMorgan Chase & Co was expected to have a co-manager role.
Groupon was not immediately available for comment.
The multibillion-dollar valuation is the latest in a string of high valuations for hot Internet companies including Facebook and Twitter, and raises questions about how these companies, albeit fast-growing, could ever justify the sky-high valuations.
Groupon said it has been profitable since June 2009, but does not disclose financial information.
Groupon Chief Executive Andrew Mason told Reuters in January it was talking to bankers about an IPO.
The site, which offers daily discounted deals at local restaurants and retail outlets, turned down a $6 billion buyout offer from Google Inc in December.
(Reporting by Clare Baldwin; Additional reporting by Paritosh Bansal and Martinne Geller; Editing by Gary Hill)
Technology
Deals
Global Deals Data 2011 Q1
Inflows Outflows
Media
Tweet this
Share this
Link this
Digg this
Email
Reprints
We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters.
Comments (0)
Be the first to comment on reuters.com.
Add yours using the box above.
Social Stream (What's this?)
© Copyright 2011 Thomson Reuters
Editorial Editions:
Africa
Arabic
Argentina
Brazil
Canada
China
France
Germany
India
Italy
Japan
Latin America
Mexico
Russia
Spain
United Kingdom
United States
Reuters
Contact Us
Advertise With Us
Help
Journalism Handbook
Archive
Site Index
Video Index
Reader Feedback
Mobile
Newsletters
RSS
Podcasts
Widgets
Your View
Analyst Research
Thomson Reuters
Copyright
Disclaimer
Privacy
Professional Products
Professional Products Support
Financial Products
About Thomson Reuters
Careers
Online Products
Acquisitions Monthly
Buyouts
Venture Capital Journal
International Financing Review
Project Finance International
PEhub.com
PE Week
FindLaw
Super Lawyers Attorney Rating Service
Reuters on Facebook
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
Other News on Friday, 15 April 2011 Gaza group threatens to execute abducted Italian
|
U.S., allies see Libyan rebels in hopeless disarray
|
Two suspected French militants arrested in Pakistan
|
RIM's PlayBook gets tough reviews ahead of launch
|
When AK-47s meet mobile phones: Syria's web activists
|
AT&T, T-Mobile to file with FCC around April 21
|
New rules to let Europe web users turn off cookies
|
Warner Bros. denies talks with Sheen on Men
|
ABC cancels All My Children, One Life to Live
|
Soundgarden sets summer reunion tour of North America
|
Reality TV contestants sued for revealing outcome
|
Ozzy Osbourne pays off $1.7 million tax debts
|
Discovery banks on circus, swamp in new TV lineup
|
Broderick, Rose to unveil Tony nominees on May 3
|
Verizon disconnects Can You Hear Me Now? guy
|
Allies say Libya campaign on until Gaddafi goes
|
Syria's Assad seeks to curb prayer protests
|
Explosion in Indonesian police compound, one dead: report
|
Abducted Italian activist killed in Gaza: Hamas
|
U.N. defends role in Ivory Coast Gbagbo ouster
|
Demanding Gaddafi step down is insult: daughter
|
Mubarak detention a victory for many, army uneasy
|
Calls grow for Japan PM to quit in wake of quake
|
Yemen opposition spurns talks, sets Saleh deadline
|
U.N. confirms 34 dead at Iranian camp in Iraq
|
Cost surge under new Google CEO unnerves Street
|
RIM's email-less PlayBook gets tough reviews
|
Groupon IPO may value company at $15-$20 billion: source
|
Best Buy to shrink big boxes; concerns linger
|
Video game developers group slams Amazon pricing
|
Apple suppliers begin making white iPhones: sources
|
When AK-47s meet mobile phones: Syria's web activists
|
Micro Focus chairman takes over as CEO goes
|
AT&T, T-Mobile to file with FCC around April 21
|
New rules to let Europe web users turn off cookies
|
Sheen, studio fight over Men return talks
|
American Idol women end losing streak, McDonald out
|
ABC cancels All My Children, One Life to Live
|
Foo Fighters flying towards first No. 1 album
|
Bigger stars, stronger industry to boost Cannes
|
Soundgarden sets summer reunion tour of North America
|
Reality TV contestants sued for revealing outcome
|
Canadian politician wants to torpedo Charlie Sheen's smoking
|
Ozzy Osbourne pays off $1.7 million tax debts
|
Broderick, Rose to unveil Tony nominees on May 3
|
Rocket salvo hits Misrata; allies say Gaddafi must go
|
Egypt's Mubarak to be taken to military hospital
|
Qaeda sympathizers kill abducted Italian activist
|
Yemen's Saleh calls for talks as protests escalate
|
Turkey in talks on Taliban office in Istanbul
|
Gaza rockets fired at Israel end lull in violence
|
Bahrain says will not disband opposition groups: minister
|
Syria protests erupt despite Assad's gestures
|
Gbagbo's youth leader arrested in Ivory Coast: report
|
Calls grow for Japan PM to quit in wake of quake
|
Groupon IPO may value company at $15-$20 billion: source
|
Cost surge under new Google CEO unnerves Street
|
MeeGo sees interest from others after Nokia shift
|
U.S. stages most challenging missile-defense test
|
South Korean portals file competition complaint against Google
|
RIM's email-less PlayBook gets tough reviews
|
T. Rowe Price funds report stakes in Facebook
|
Mexico's Alfa buying rest of Alestra from AT&T
|
Vimpelcom eyes talks with Algeria after Wind deal
|
Cisco, Wi-LAN sign patent license agreement
|
Murdoch hacking scandal set to drag into next year
|
Sheen, studio fight over Men return talks
|
American Idol women end losing streak, McDonald out
|
ABC cancels All My Children, One Life to Live
|
Foo Fighters flying towards first No. 1 album
|
Bigger stars, stronger industry to boost Cannes
|
Canadian politician wants to torpedo Charlie Sheen's smoking
|
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights