Friday, November 04, 2011

...and so it begins. Groupon (NASDAQ: GRPN) begins life as a public company

Groupon sold 35 million shares at $20 apiece, setting its initial market value at $12.7 billion. Shares closed at $26.11 a share in its first day of trading on Nasdaq, up 31% from its IPO price.




About Us
Launched in November 2008, Groupon features a daily deal on the best stuff to do, see, eat, and buy in 45 countries, and soon beyond (read: Space). We have about 10,000 employees working across our Chicago headquarters, a growing office in Palo Alto, CA, local markets throughout North America and regional offices in Europe, Latin America, Asia and around the world.

Our company philosophy is pretty simple: we treat our customers the way we like to be treated. That boils down to a few key things:

We sell stuff we want to buy. A great price is only half the battle - it's also got to be a great product or service. Between our top-rated business partners and unbeatable prices, you should feel comfortable venturing out and trying something new - just because it's featured on Groupon. We want Groupon to be an addiction you can feel good about.

3 comments:

Anonymous said...

ugly close ... GRPN at $26 low of the day.

Anonymous said...

i doubt it big time

play the music fast?

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