SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Groupon, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Glenn Petersen who wrote (434)4/20/2015 11:26:09 AM
From: The Ox  Read Replies (1) | Respond to of 480
 
I agree. I should have been a little more clear with my last post. I've been expecting lower revenue guidance or simply a missed earnings report and I believe the market has too, judging by the way the stock has been trading for the past 6 weeks. The reason I thought the note was good or better than expected was that they weren't forecasting a much larger loss on the earnings side of things. Not great but decent, IMO.



To: Glenn Petersen who wrote (434)4/20/2015 11:30:32 AM
From: Sr K1 Recommendation

Recommended By
The Ox

  Respond to of 480
 
It was a good deal for Living Social, at the time.

Ticket Monster Proves to Be One for Groupon -- Market Talk

DOW JONES & COMPANY, INC. 9:31 AM ET 4/20/15

9:31 EDT - Groupon(GRPN) selling a controlling stake in its South Korean asset, Ticket Monster, is a coup for shareholders, who will retain a minority stake in an asset now worth $782M. The Chicago-based company bought Ticket Monster just over a year ago for $260M, and proceeds from the divestiture will help fund a $300M stock buyback. The deal also underscores the strong position Ticket Monster has in one of the world's most-competitive mobile commerce markets. Ticket Monster's rival, No. 1-ranked Coupang, has among its investors Sequoia Partners, BlackRock (BLK) and Bill Ackman. GRPN opened up 4.4% at $7.52. (jonathan.cheng@wsj.com)