Venture Beat :: Groupon’s stock price has taken a beating lately, and when it closed today at $8.95, the company’s valuation dropped to a mere $5.78 billion. That’s less than Google reportedly offered for the company in 2010. At the time, rumors had it that Groupon was making $2 billion per year in revenue, so it spurned Google’s $6 billion offer as too chintzy.
Continue to read Dylan Tweney, venturebeat.com



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