Groupon Raises About Half of $950 Million [REPORT]

 By 
Todd Wasserman
 on 
Groupon Raises About Half of $950 Million [REPORT]
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The item, which cites "sources close to the situation," notes that the investors include Russia's DST Global, T. Rowe Price, Fidelity, Capital Group and Morgan Stanley. Reps from Groupon could not be reached for comment on the report.

The current investments value Groupon at $4.75 billion. Google had offered to buy the Chicago-based company for $6 billion, but Groupon turned that offer down in December, stating it preferred to remain independent. A December report by All Things Digital claimed that Groupon's revenues were $2 billion.

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