Groupon expanding in Silicon Valley and Asia.
How Groupon Gets a $6 Billion Valuation.“A $6 billion price tag would put the deal at roughly 10 times revenue, a steep multiple but roughly in line with what Google paid for YouTube and Doubleclick in 20.” “Groupon would help Google gain traction within social commerce, a high growth area for advertisers,” said Jefferies analyst Youssef Squali, who estimates Groupon’s annual revenue at $600 million. Google’s stock rebounded today as some analysts and investors bet the acquisition would put the company immediately in a business where it and others have failed. Yesterday’s report from the New York Times said Google has offered to pay $6 billion for Groupon, a higher amount than initial reports. Personal Loans for 670 Credit Score or Lowerĭespite the company’s mind-blowing growth, shares of its potential buyer have been hit this week on concern it may overpay for the local advertising and social network mash-up. Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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