Kortingsbonnensite Groupon has $ 700 million raised for its ipo. This is the highest amount that an American internet company binnenhaalde since Google in 2004 to the stock exchange. Groupon is now almost 13 billion dollars.
Despite the height of the extracted amount of $ 700 million, the investment, however, lower than the originally estimated 750 million. Google in 2004 initial public offering and yield was 1.7 billion dollars from investors.
Groupon has only been three years, but would with the ipo almost 13 billion dollars worth. Previously, there was still assumed to be more than fifteen billion dollars. Groupon can now be a part of his shares to sell, which the company the profit margin will increase. This is sorely needed: this year showed that Groupon 413 million dollar loss turned. The total loss came at the right time down on more than a half billion dollars.
At the beginning of this year, the American company of 950 million dollars. The money was used for the worldwide services to be able to expand. So has the Netherlands already has a local Groupon-type. The kortingsbonnenmodel is proving very popular; among others, Google and Nokia are working on a competing service.
Groupon close kortingsdeals with companies, and then these on the website to be promoted. Users can run the product through Groupon with discount buy, then the manufacturer or supplier supplies the product. The deals are made locally, making the offered products and services by town or area differences.