Groupon knows what a good deal looks likeGroupon gets a boost when a group investment gets a vote of confidence.
- The stock is anything but discounted after soaring 20% on Wednesday to touch its highest prices since August.
- A good investment goes a long way. SumUp, an increasingly popular U.K.-based fintech that Groupon first invested in back in 2013, is considering a funding round that will give it a $22.5bn valuation and make it one of the most valuable startups in the UK.
- Prescience Point called the company “significantly undervalued” in December, seeing a 300% upside after citing its sizable SumUp investment – the stock went popping, so now people are paying attention.
Fakurian Design / Unsplash
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