Monday, April 4, 2011

Groupon Valuation Soars as Possible I.P.O. Nears

So what is LOCiMOBILE's valuation with its new APP- LOCi Deals?

GTX Corp Expands into Emerging Proximity Marketing Business

with Adam, Inc to Deliver Real Time Daily Promotions from over 100,000 Chamber of Commerce Businesses to 1 Million LOCiMOBILE® users.

In contrast to the sea of deep discounts on its Web site, the valuation of Groupon keeps moving higher.

The social shopping site, which recently spurned a $6 billion takeover offer from Google, has held discussions with Goldman Sachs bankers about a possible initial public offering that could value the company at close to $25 billion, according to a person close to the matter who was not authorized to speak because the talks were private. Read the full article.

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