Groupon Ipo Warn China's Group-buying Websites

Online, October 29, 2011 (Newswire.com) - After nearly three years of operation, group-buying website Groupon finally achieved profitability in North America. Meanwhile, Groupon net loss in the global market also declined significantly, from the second quarter of $ 101 million reduce to the third quarter of $ 10,573,000.

Almost the same time, Groupon new application was submitted to the IPO looks fairly conservative. Following the listing of the delay in early September, Groupon IPO application re-submitted show that the proposed financing of 480 million -5.4 million, compared to the previous $ 750 million financing plan ,the reduce size up to 28%. Intermediate value at this price, the current Groupon market value would be $ 10.8 billion.

Although the earnings has increased, the loss has greatly reduced, and even realize the profit in the north American market, but Groupon still seems to be not good in capital market.

To this, the wholesale dropship company Buyechina ( http://www.buyechina.com ) PR manager Kokin James said, this may stem from two respects reason. "One is the overall trend of American stock market is not too good at present,one is the Groupon's IPO documents were has many questions, and thus influences the capital market to the group-buying mode."

According to Buyechina 's PR Manager, Kokin James said: for China companies, because most of the group-buying websites have already won the risk investment, so investors must hope enterprise listed, to get a higher return. But recent and is not a good time to enterprise listed for China group-buying company.

About buyechina:
Buyechina.com is one of the biggest China electronics online China supplier in Asia, committing itself to build a worldwide supply shop online. Our company was originally set up in Shenzhen , China in 2007, aiming to operate the business-to-customer transactions with overseas consumers. Along with the rapid development of electronic business in China, CE Consumer Electronics has earned itself a solid reputation for quality, reliability and professionalism in this field. Our operation capabilities cover favorable policy, affiliate discount, instant and safe delivery, privacy protection and well-rounded customer support.