At 30 Billion, Groupon Market Cap Tops Google At Market Debut

June 3, 2011 1:19 pm

Update: Groupon debuted at a market cap of 17.8 Billion USD.

We spotted this today:

“The social buying site on Thursday filed to go public, a hotly anticipated debut that could raise $3 billion, according to two people close to the company who were not authorized to speak publicly. At that level, the company would be worth roughly $30 billion, surpassing the value of Google at its initial public offering.

At a $30 billion market value, Groupon would top that of Google at its market debut. Google raised $1.67 billion in August 2004, putting its value at $27 billion.”

Statistics Source: NYTimes

We have seen Groupon in numbers.

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