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Groupon Watch: $30 Billion IPO Days are Over

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    NEWSLETTERS

    Groupon’s back on track with its IPO, at possibly half the initial valuation, as we reported Tuesday.

    The IPO is now valued at about $11 to $12 billion, but nothing’s ever set in stone with this company so stay tuned.

    Also, rival LivingSocial is in a deal with Clear Channel. What goes better together than daily deals and radio?

    And Groupon’s G-Team has a program to help kids ease the social stigma of cancer. Read more:

    • …at a much lower (rumored) valuation. (Reuters)
    • Today’s Deal: $30 for Bike Tune-Up Package or $30 for $60 Worth of Bike Accessories and Merchandise at Village Cycle Center ($60 Value)