Groupon cancels investor roadshow next week, will likely delay IPO

Daily deals site Groupon is cancelling its investor roadshow, scheduled for next week, according to Bloomberg reporterEmily Chang, in a clear sign that the company’s IPO prospects have dimmed. Bloomberg is now reporting thatGroupon has delayed its IPO, which some expected to happen as soon as the middle of September. From theWSJ: Groupon Inc. is reevaluating its plans to go public in the face of stock market volatility, said a person familiar with the matter....

4 min · 734 words · Cheryl Koch

Groupon Could Soon Come To Cash Registers

Group-buying website Groupon could soon see its service supported by cash-register manufacturers, enabling retailers to easily accept coupons from their customers, as stated by the company President Rob Solomon. According to a report byBusinessweek, Groupon is currently in talks with Verifone Systems, one of the largest manufacturers of electronic-payment systems, working on a deal that will make Groupon deals as easy to process as debit or credit card payments. Groupon-enabled registers could sport a dedicated button for Groupon purchases, allowing retailers to better deal with transactions and returns generated by specific deals....

2 min · 245 words · Tony Johnson

Groupon has filed for a $750 Million IPO

In a move that is both expected, and surprising, Groupon has filed with the SEC to raise $750 million in an initial public offering of stock in the United States. According to early analysis, this is what Groupon is sharing in the filing: You can read the S-1 of the filing with the SEChere. How hungry investors are for this IPO remains to be seen, and Mason acknowledges that fact: “We are unusual and we like it that way....

4 min · 742 words · Nicole Barnes

Groupon India may have just been hacked [Updated]

We are currentlyseeingtweetsfrom various people suggesting thatSoSasta.com, also known as Groupon India, might have been hacked. Although the hack is not yet confirmed but SoSasta has been apparently beensendinge-mails to its users to change their passwords stating that its user database has been hacked. SoSasta, which was launched in November 2010 andacquiredby Groupon in Jan this year, currently offers deals in 11 different cities across India. Calling all Scaleup founders! Join the Soonicorn Summit on November 28 in Amsterdam....

3 min · 550 words · Crystal Shelton

Groupon India rebrands, refocuses and introduces Crazeal

Groupon has renamed its group-buying service in India, SoSasta, and made a raft of new changes including new management and a revised focus on content The service has been renamedCrazealfollowing the less than positive reaction to SoSasta – which is derived from ‘cheap’ in Sanskrit. With the Groupon.in domain occupied already, the company has settled on Crazeal. The rebrand had been a long standing aim, sincethe acquisitionwent through in January, according to the company which confirmed that it had “decided very early on to rebrand” after buying SoSasta for its potential rather than its brand....

3 min · 433 words · Judy Adams
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