Increase in Customer Base Helps Groupon Narrow Loss

By James Kwak Groupon plans to go public later this week. According to the latest leaks, things are going well: the IPO valuation, scaled back from $30 billion to about $12 billion, may be raised because of a successful road show. Apparently even after the company conceded that the amount they pay to a merchant does not count as revenue, investors have decided they like what they see. But there is still something fishy about Groupon’s business model.

Last week’s TechCrunch report on Groupon‘s reported February earnings slide could present far-reac

On Friday, Groupon Inc. (GRPN) officially debuted as a public company.  The first day of trading was a major success with the stock closing 31% above its offering price.

By Rocky Agrawal:Groupon (GRPN) was forced to restate fourth quarter earnings, sending its stock down 6% in after-hours trading. This surprised me as much as my $2 investment in the Mega Millions jackpot not paying off.

Anthony Catanach Jr., an associate professor at the Villanova University School of Business, is a longtime critic of Groupon, and he just renewed his attacks on the daily deal giant.

A little more than two years ago, Groupon was the apple of the startup community’s eye. It had turned down a $6 billion acquisition offer from Google and was headed for a remarkable IPO. Today, no one really knows what Groupon’s future holds. But it doesn’t look good.

SAN FRANCISCO (Reuters) - Groupon Inc posted its first