The pioneering daily deal site Groupon is set to begin its IPO road show next week, according to a report by AllThingsD, citing multiple sources close to the situation.
Chicago-based Groupon filed to go public in June, but the process has been delayed because of several issues, including controversial accounting, which has led the company to amend its S-1 filing several times.
Groupon has been a deal powerhouse whose success has led to the creation of hundreds of similar startups. But its costs are high compared to the revenue it brings in. In the last quarter, Groupon lost $102.7 … Read more