By Francois Bondiguel The battle to dominate the mPOS space continues. With more than $3.6 trillion in credit and debit card transactions processed annually in the US alone, the race to get the biggest portion of this extremely profitable pie is definitely on. The three major contenders right now are PayPal, Square, and Groupon, with each…
Groupon, Facebook, and Zynga are currently having difficulties since their initial public offerings. Their losses can go as much as 70%. Currently, public cloud computing companies are not affected. This is primarily because companies like NetSuite and Salesforce.com have already proven themselves since they’ve been around since late 1990s. These companies have already proven that…
Zynga, the San Francisco based company which specializes in Facebook games, priced its initial public offering late Thursday at $10 per share, raising $1 billion with a company value of about $7 billion. This offering makes it the largest Internet-related IPO since Google went public in 2004 with $1.4 billion. The price was at the top of expectation which…
After much anticipation, the date for Groupon’s IPO is set for November 4th where the company seeks to raise $621 million from the offering, valuing it at $11.4 billion. Groupon is planning to offer only 5% of its shares to the public for a price between $16 and $18, listed on the Nasdaq under the…
Groupon, a shopping website that offers a daily deal on the best stuff to do, see, eat, and buy in more than 300 markets and 35 countries, has selected the Vertica Analytics Platform from Vertica Systems, a leading provider of real-time analytics platforms, as their platform of choice for analyzing subscriber behavior and scaling their…