Showing posts with label Amazon local stock market bubble. Show all posts
Showing posts with label Amazon local stock market bubble. Show all posts

Wednesday, June 8, 2011

Groupon flies in the bag, the new trend is to buy local social and

To land on Wall Street has offered its customers a day at the beauty farm at 19 € instead of 100, a meal in a restaurant to a third of the price of the menu and granted a seat at the hairdresser of 40 €. Let's talk about Groupon, the purchase of local community that following the entry of the social network LinkedIn for professionals, decided to land on the Stock Exchange.

And as a listed company the goal is already clear: to earn just $ 750 million and for the founders to bring home a haul of $ 7 billion. An ambitious goal, however, encouraged by the short history of Groupon who jumped from a turnover of 3.3milioni dollars in 2009 to land at 644.7 in the first quarter of 2011.