Groupon raises $700 million in biggest Internet IPO since Google

posted by
November 3, 2011
Posted in News

"Groupon Inc raised $700 million after increasing the size of its initial public offering, becoming the largest IPO by an Internet company since Google Inc raised $1.7 billion in 2004. The global leader in 'daily deals" is now valued at almost $13 billion after saying it increased the offering by 5 million shares to 35 million in total and pricing them at $20 each, above an initial range of $16 to $18." (11/03/11)  

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