Groupon Rejects Google’s $6 Billion offer, Hoping to Issue an IPO


According to the Chicago Tribune, quoting two people “with direct knowledge of the situation”, Groupon has reportedly rejected Google’s $6 billion offer for the Chicago-based daily deals start-up, Groupon Inc. and will remain independent.

A source also told the Tribune, “Groupon may still choose to pursue an initial public offering but will not make a decision about going public until 2011”.

Groupon’s run rate for this fiscal year is clocking in at close to $2 billion in revenue, rather than the widely speculated $500 million, according to sources close to the situation.

What’s your opinion on the rejection of the Google offer for Groupon?  Is this a smart or dumb move?

We are following this news closely.

Snapchat Bottom Banner 1


  1. Aaron Clancy

    6 billion dollars is a lot of money!! Would an IPO even work for a company like Groupon

  2. Andrew A. Sailer

    I just want to mention I am very new to weblog and certainly enjoyed you’re blog. Most likely I’m likely to bookmark your website . You certainly come with wonderful articles. Thanks a bunch for sharing with us your web site.

  3. website design firm oakland ca

    Just to let you know your webpage looks a little bit unusual in Safari on my netbook using Linux .

  4. Simon Furia

    This is the fitting blog for anybody who desires to search out out about this topic. You realize a lot its almost hard to argue with you (not that I truly would want…HaHa). You definitely put a brand new spin on a subject thats been written about for years. Great stuff, just great!

  5. privacy

    I love your wp template, where did you get a hold of it?

  6. neck braces talk

    I believe one of your ads triggered my internet browser to resize, you might well need to get that on your blacklist.

  7. testosterone therapy palm beach

    I have got one recommendation for your website. It seems like there are a number of cascading stylesheet problems when launching a selection of web pages in google chrome as well as opera. It is functioning alright in internet explorer. Possibly you can double check this.

  8. magnetic knee support

    This blog is extremely good! How can I make one like this .

  9. learn ruby online

    This is often a excellent site, would you be interested in going through an interview regarding just how you made it? If so e-mail myself!

  10. buy here

    I love this blog layout ! How was it made!? It is rather nice!

  11. chairmat website

    I love your wp template, where did you get a hold of it?

  12. chairmat

    Dude! This website is sick. How can I make it look this good !?

  13. chair mat

    Can you message me with a few hints & tips about how you made your website look like this, Id appreciate it.

  14. tumbshots

    Have you considered including a few social bookmarking links to these blogs. At least for myspace.

  15. click here for

    If you dont mind, where do you host your weblog? I am looking for a very good host and your site seams to be extremely fast and up almost all the time

  16. compare commercial power washing milwaukee

    Nice post . Thank you for, posting on this blog page dude. I shall message you some time! I didnt know that!

  17. your chair mat

    When I open up your Rss feed it appears to be to be a ton of garbage, is the issue on my side?

  18. Continue

    Mira Wild Hair Oil Scam — Does This Product Surpass Its Claims

  19. click for chair mat

    This website has some very helpful info on it. Cheers for sharing it with me.

  20. find here

    The Right Way To Grow Hair Efficiently Additionally, The Fastest Way Doable

  21. your chairmats

    Have you given any consideration at all with converting your main web site in to Chinese? I know a couple of of translaters here that would help you do it for no cost if you wanna get in touch with me personally.

Comments are closed.

Pin It on Pinterest