Groupon Expects $478.8m In Proceeds From Ipo

Groupon expects $478.8M in proceeds from IPO

Online coupon seller Groupon Inc. is discounting its expectations for its first stock offering.

Senh: It's still losing money, but just not as much. $10.6M in the last quarter on revenue of $430M is a huge improvement over losing $49M on revenue of just $81M. At least revenue is growing fast and net loss is heading in the other direction. The thing is can they keep this up and still grow. They're not spending as much on marketing and customer acquisition.

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