"Groupon raised $700m in its highly anticipated initial public offering on Thursday night, overcoming a host of investor concerns to break through in a difficult market for US IPOs.
The pricing at $20 a share valued the group at $12.65bn. The valuation was above its range of $10bn-$11bn, but below the valuation it had been seeking earlier this year of closer to $20bn."
the smell of data in the morning! Interesting and surprising statistics about digital media and devices. Compiled & curated by Dan Calladine, Aegis Media - dan.calladine@aemedia.com - All views expressed are my own. Please email me if you have any queries, amendments or suggestions
Showing posts with label valuations. Show all posts
Showing posts with label valuations. Show all posts
Friday, November 4, 2011
Wednesday, August 3, 2011
Twitter is valued at $8bn
"Twitter, the microblogging website that lets users tweet messages of 140 characters or less, is now worth $8bn (£4.9bn). The firm's new price tag comes after a $400m investment in the loss-making venture from serial social media investor DST Global. Twitter is now nominally worth about the same as rating agency Moody's, which had revenues of $1.2bn in the first six months of 2011 and is nearly as valuable as Marks & Spencer.
The huge valuation reflects high expectations for the company. Confirming the investment, Twitter also announced that its users now send 200m tweets a day, up from 65m a year ago."
The huge valuation reflects high expectations for the company. Confirming the investment, Twitter also announced that its users now send 200m tweets a day, up from 65m a year ago."
Source: The Guardian, 2nd August 2011
Monday, July 11, 2011
Google's market capitalisation has risen by $16bn since the launch of Google+
"How much is social worth to Google? Investors added $20 billion to Google’s market cap the first week after the launch of Google+ on June 28. A Morgan Stanley downgrade on Friday, brought the total down to $15.8 billion because of doubts whether Google will indeed be able to capitalize on new products such as Google+. But somewhere in between there, give or take a few billion, is how much more the market thinks Google is worth than before the launch of Google+.
On June 27 (the day before the announcement), the stock closed at $482.80. It rose to a high of $546.60 on July 7, for a $20.6 billion gain to its market cap (with 322.25 million shares outstanding). Then the stock dropped to $532 at Friday’s close.
Of course there are other factors at play here (the health of Google’s core search business, the overall market, etc.). In the past week, however, the most important new event for Google was it’s latest foray into social. And even though Google+ is still in a limited beta, the market is already rewarding the serious focus on social that it represents."
Source: Techcrunch, 10th July 2011
On June 27 (the day before the announcement), the stock closed at $482.80. It rose to a high of $546.60 on July 7, for a $20.6 billion gain to its market cap (with 322.25 million shares outstanding). Then the stock dropped to $532 at Friday’s close.
Of course there are other factors at play here (the health of Google’s core search business, the overall market, etc.). In the past week, however, the most important new event for Google was it’s latest foray into social. And even though Google+ is still in a limited beta, the market is already rewarding the serious focus on social that it represents."
Source: Techcrunch, 10th July 2011
Subscribe to:
Posts (Atom)