Tuesday August 4, 2020

Groupon value to be 5 times 2012 sales?

Group deals giant Groupon is preparing for an IPO and the latest talk is that it wants a price based on five times its projected sales next year

26th October, 2011
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Groupon's market value when its shares are issued could be as high as $10.8 billion, or five times its projected sales for 2012, newswires are reporting, citing unnamed sources.

This would put it at a premium to Amazon, which trades at 1.6 times its sales.

The company's initial public offering is expected to be finalised on November 3rd.

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