Groupon discount service goes to the exchange – GRPN

Скидочный сервис Groupon

Number of securities, to be placed during the IPO, not indicated

Groupon Company, owns the service of collective discounts, filed an IPO application, during which it intends to attract 750 million dollars, Bloomberg reports.

Morgan Stanley will host the IPO, Goldman Sachs и Credit Suisse.

The company's shares will be traded under the ticker "GRPN". Number of securities, to be placed during the IPO, not indicated.

Groupon service was founded in 2008 year. With its help, users can receive discounts, which can be activated only if, if they are interested in a certain minimum number of program participants. Groupon's global network currently covers 33 million users in 35 countries.

Last December, the internet giant Google wanted to purchase a discount service for 6 billion dollars. However, the offer was rejected.
Having received a refusal, Google started developing its own discount service - Google Offers. Its beta version was launched the day before.

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