From The New York Times DealBook | Facebook is introducing its discount shopping service to five European countries and Canada as part of its push to help brands communicate with its users.
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Groupon meets with bankers to explore IPO
Groupon’s executives held a series of meetings with bankers Thursday in Chicago to discuss a potential initial public offering for the coupon website, CNBC’s Kate Kelly reported Thursday evening. Groupon, Kelly said, is serious about an IPO, but the process could take months, possibly into this spring. The offering could be worth $1 billion to $1.5 billion, she said, but the company hasn’t offered any details of the potential size of the deal. Get the full story »
