This is it, Groupon Shares Hike Echoes Through Cyber Hallways - In yet another news piece, despite having faced some slump in its growth, Groupon, the darling group buying system, grew by 6% surpassing broader North American Daily Deal industry. |
|
Business Related Topics...
Computer Related Topics...
Entertainment, Recreation & Sports Related Topics...
Health & Fitness Related Topics...
Home & Family Related Topics...
Shopping Related Topics...
Would you like to submit articles to our site? Have a question or a problem?
You are here: DIME Home > Computers & The Internet > This is it, Groupon Shares Hike Echoes Through Cyber Hallways
In yet another news piece, despite having faced some slump in its growth, Groupon, the darling group buying system, grew by 6% surpassing broader North American Daily Deal industry.
Author: Sandeep Thakur
Date: Mar 13, 2012 - 7:00:59 AM
How many of you have been familiar with Groupon and related living social deals planet? I can hear them screaming....’many’!
It’s the off late rage that has redefined the times online, daddy and darling of group buying systems, Groupon is always decked up to make up for some crazy news that finally gets gossips rolling. The momentum is all well deserved and it doesn’t seem to go off records at any time, Groupon age will never recede. Seems so!
The latest is that Groupon’s shares rose by almost 50%. Now that’s some buzz, paparazzi are you stalking already? According to sources “After it started trading on the Nasdaq market around 10:45 a.m., the three-year-old daily deals site, which sold its shares at $20, promptly soared 40 percent to open at $28, continuing to climb to more than $30. Groupon’s shares later pulled back a bit, but they still ended the day with strong gains, closing up $6.11, or 30.6 percent, at $26.11. At that price, the company has a stock market value of $16.5 billion”.
Groupon’s total valuation at the IPO stands at $13 billion and that’s quite an amount eh? However while the season was on, Groupon did face certain hiccups but eventually it ended the day with high profits that again got it into top league. They closed up at $6.11 or precisely 30.6 percent at $26.11. As per the insiders, Groupon’s shares were so high that orders added up to more than 10 times the amount of the shares offered.
Here’s what one of the early Groupon investors has to say about it ““I’m a big believer,” said Guy O’Seary, an early Groupon investor. “Andrew is forward thinking, he’s not traditional, but that’s what you want, you want someone to break the rules and push boundaries.”
Just in case you missed out on this piece of buzz doing the rounds of cyber galaxy
In yet another news piece, despite having faced some slump in its growth, Groupon, the darling group buying system, grew by 6% surpassing broader North American Daily Deal industry. According to sources, Groupon seemed to have benefitted from the record performance in its travel and consumer product segments early in November. The latest statistics reveal Groupon having generated $154 million in North American gross billings.
Did we also mention?
From one of the publication on Blockbuster Groupon from later last year says the silent period for the daily deals king is over... Groupon was reported to have sold about 6,50,000 deals between Black Friday and Cyber Monday, which was actually a 500% increase from the last years’ records.
So precisely this game changer session for Groupon tends to change facets but leaves us with some good fodder to talk and write about. Stay tuned for more such updates on living social deals and Godzilla of daily deals; Groupon.
FATbit Technologies an ace Mohali based Groupon Clone Company has successfully released its Best Groupon Clone Script.
Can Fair Use and Time Shifting Apply to Recording from the Internet?Jun 23, 2011 - 1:51:16 PM There are two areas of US law that can be interpreted and implies that you can legally record or download from the Internet. Fair Use and Time Shifting can be applied to help justify the right to record content found on a broadcast medium.... [Read the full story] |
Creating Flash banner with iSpringJun 8, 2011 - 9:53:15 AM iSpring is a product for millions of people who know how to use PowerPoint. It helps them create Flash movies without any experience in Flash technology. Is it really possible? Yes!... [Read the full story] |
Get A Feel For Working With XMLJun 3, 2011 - 1:44:29 AM With XHTML you have the mixed benefits of being able to parse the structure as an XML document (scanning for heads and subheads for example) while still being able to read it in a Web browser. XML as a Document Management Format. I want to make a distinction here between document formats and document management formats.... [Read the full story] |
The Future of Digital Media - No More Physical CopiesMay 15, 2011 - 2:37:06 AM The advent of the compact disc (CD), and later the digital versatile disc (DVD) were, at the times of their respective creation, were thought to be the end all and be all of media storage and playback. There have been other types of digital media designed for the mass market such as digital audio tapes (DAT's), mini disc's (MD's) to name but a couple of mediums that were at the time, touted as the next big thing to revolutionize how we stored, listened to and watched our digital media. And now, with the mainstream fully embracing Blu-Ray technology, digital optical media seems to have peaked in terms of capability and usefulness.... [Read the full story] |
Search for articles: |
Latest Articles in All Categories |
Putting Up a Small Commercial Printing Business |
So You Might Be Unemployed And Desire To Become A San Francisco Real Estate Investor Now |
Meditation and Mindfulness: Dealing With Emotion |
CPA Websites: Five Essential Ideas for Composing Convincing Articles |
Set Goals In Order to Come Up With Your Action Plan |
Is the Air in Your Home Safe to Breathe? |
Coarse Fishing Tackle Review: The JW Young 13ft Trotter Rod |
Section 1031 Exchanges For San Diego Real Estate Investors |
Phoenix Real Estate Investing For Highest Possible Earnings |
Legendary are the Volk Racing TE37 Wheels |
Developing the Next Generation Wall Station (ChaseDesk™) for Healthcare - A Case Study |
What are step down transformers? |
Introducing Sharehype, the Revolutionary Tool for Online Marketers |
Rewards To Shopping For Austin Real Estate On The Web |
Hydroponics for Beginners |
Would you like submit your articles and have them approved on a priority status? Find out more about how you can become a Priority author for pennies a day! Click here.
Dime-co.com Home |
|
|
|
|
|
|
|
|
|
|
|
|
|
Disclaimer: Dime-Co.Com is an online information article and video article network. All articles, video articles, comments, and other features herein are for informational purposes only and are provided "as is" without warranties, representations or guarantees of any kind. The views and opinions expressed in an article, comments, links or blogs are the author's own, and not necessarily those of dime-co.com's owners. For full disclaimer, please read our TOS.