Groupon delays IPO

Groupon Inc. is reevaluating its plans to go public in the face of stock market volatility, said a person familiar with the matter.

The Chicago-based daily deals site isn’t cancelling its initial public offering, said this person, but is reassessing the timing for an IPO on a week by week basis. Groupon had originally been aiming to go public after Labor Day and to price its shares in mid-September, this person said, adding that the company had set up a roadshow next week to attract potential investors to the stock.

Full story: Groupon re-evaluating IPO plans due to market volatility

  • Anonymous

    Groupon seems to be cooling off a bit, but I never know what to expect when it comes to IPOs.  Seems like the best bet for now is to invest my money in Groupon/LivingSocial deals themselves… at least I know there’s a pretty solid return on those! :)

    I started as a directory of daily deal sites.  I have over 167 local deal sites and you can filter the list by city.