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The social buying site Groupon filed on Thursday to raise as much as $750 million in an initial public offering, revealing a short history filled with skyrocketing sales and steep losses.
Groupon is hoping to follow the path of LinkedIn(LNKD) and Yandex(YNDX) to a hot new public listing, but banking rules may spoil the party for investors.have unveiled plans on Thursday for an initial public offering as the red-hot daily deals company prepares to become the latest next-generation Internet company to go public. In a regulatory filing,Taking advantage of the bull market for young, social media-oriented tech firms, Groupon, the Chicago daily-deals site that has seen rapid growth and a increasing valuation over the pass. So far, three investment banks have landed the coveted role of underwriting the stock sale.
Groupon is hoping to follow the path of LinkedIn(LNKD) and Yandex(YNDX) to a hot new public listing, but banking rules may spoil the party for investors.have unveiled plans on Thursday for an initial public offering as the red-hot daily deals company prepares to become the latest next-generation Internet company to go public. In a regulatory filing,Taking advantage of the bull market for young, social media-oriented tech firms, Groupon, the Chicago daily-deals site that has seen rapid growth and a increasing valuation over the pass. So far, three investment banks have landed the coveted role of underwriting the stock sale.
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