Deals
Buying Groupon Hard for Google With Growth Diminishing: Real M&A
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Even at half the price Google Inc. bid two years ago, Groupon Inc. is no deal for potential buyers.
After sinking 79 percent this year, the online-coupon service is now valued at $2.8 billion and last month fetched a record low price-sales ratio, according to data compiled by Bloomberg. As competition intensifies and demand wanes, analysts see revenue growth slowing to 0.6 percent in 2015, down from 45 percent in 2012 and the 1,233 percent average in the past two years, the data show.