Groupon’s Value Raised To $15 Billion

Groupon’s Value Raised To $15 Billion: "

Groupon is on a roll. Shortly after raising $950 million in a round of financing, the startup is steadily managing to get into the good books of everyone around, and is arousing a lot of curiosity. A few months ago, Google offered around $6 billion to take over the company, and the offer was declined. Now, The New York Times has come up with a report where the value of Groupon is estimated to be $15 billion, or even more! This is certainly a surprising piece of news, because the value is more than double of what Google had offered for the company just a few months ago.

Andrew Mason is in clearly no mood to sell his company, but it would surely be interesting to watch where the story goes from here. Groupon has recently started expanding in three more countries across the world, and this means that it is only going to get bigger. Hence it’s no wonder that even a stunning figure like $15 billion would not be enough to tempt the company to hand over its reins to someone else. Groupon may not be the friendliest site on the Internet, but it is surely giving everyone a bang for their buck!

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