Feeds

Groupon worth 'as much as $25 billion'

Er, can we get a coupon for the IPO?

3 Big data security analytics techniques

Online daily-discount provider Groupon is rumored to be talking with banks about a public offering that would value it at as much as $25bn.

According to "two people with knowledge of the discussions", Bloomberg reports, the IPO would be "unlikely to assign Groupon a valuation of less than $15 billion", with $25bn being the upper limit.

If that higher figure is reached, it would put Groupon's value above that of Google's when the online ad broker and search-engine leader went public in 2004 for a piddling $23bn. Those early Google investors didn't make out too shabbily, though: as markets closed on Thursday, Google's market capitalization stood at $179.5bn.

Last November, Google was rumored to be mulling an aquisition of Groupon in a deal said to be worth $5bn. Shortly thereafter, however – after the bidding was said to have reached $6bn – Groupon nixed the deal.

As Bloomberg points out, however, Groupon has grown by leaps and bounds since that offer. At the time of Google's wooing, the daily-discount leader was active in 300 markets. That number has since ballooned to 500.

To put that $15bn to $25bn figure in perspective, The Reg checked out the market capitalization of 10 established companies, both in the tech sector and elsewhere. At the end of Thursday's trading, the New York Times Company was worth about $1.3bn; AMD, $5.6bn; Seagate, $6.3bn; Harley-Davidson $9.5bn; Nvidia $10.3bn; Intuit, $15.4bn; Adobe, $16.2bn; Yahoo!, $21.4bn; General Mills, $23.1bn; and Dell, $27.4bn.

Is a two-year-old coupon-pusher worth four or five times as much as the world's second-largest microprocessor maker and 12 to 20 times as much as The Gray Lady? We should find out sometime this year, when Groupon is expected to join the publicly traded crowd. ®

High performance access to file storage

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Record labels sue Pandora over vintage song royalties
Companies want payout on recordings made before 1972
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Ex–Apple CEO John Sculley: Ousting Steve Jobs 'was a mistake'
Twenty-nine years later, post-Pepsi exec has flat-forehead moment
Number crunching suggests Yahoo! US is worth less than nothing
China and Japan holdings worth more than entire company
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.