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GROUPON INC (GRPN)
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Groupon Testing Credit Card Reader In SF Bay Area -Bloomberg

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05/26/2012 | 01:04am CET

Groupon Inc. (>> Groupon Inc) is testing a credit card reader for retailers that plugs into smartphones, Bloomberg News reported Friday, citing a person with knowledge of the matter.

The device is produced by Infinite Peripherals Inc. and is being tested at dozens of locations in the San Francisco Bay Area, the person told Bloomberg.

On Thursday, the VentureBeat blog, citing a forwarded email, said Groupon was testing a card reader.

Bloomberg reported that a Groupon spokesman didn't specifically comment on a credit card reader test. The spokesman said "Groupon has a number of trials in markets that are designed to help merchants and small businesses."

Full story at http://www.bloomberg.com/news/2012-05-25/groupon-said-to-test-credit-card-reader-rivaling-ebay-s-paypal.html and http://venturebeat.com/2012/05/24/groupon-is-testing-a-payments-offering-to-compete-with-square-and-paypal/

-Dow Jones Newswires; 212-416-2900

Stocks mentioned in the article : Groupon Inc
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Financials ($)
Sales 2018 2 662 M
EBIT 2018 158 M
Net income 2018 19,0 M
Finance 2018 738 M
Yield 2018 -
P/E ratio 2018 92,99
P/E ratio 2019 46,45
EV / Sales 2018 0,67x
EV / Sales 2019 0,59x
Capitalization 2 518 M
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Groupon Inc Technical Analysis Chart | GRPN | US3994731079 | 4-Traders
Technical analysis trends GROUPON INC
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Mean consensus HOLD
Number of Analysts 18
Average target price 5,28 $
Spread / Average Target 17%
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Managers
NameTitle
Richard Williams Chief Executive Officer & Director
Eric Paul Lefkofsky Chairman
Steve Krenzer Chief Operating Officer
Michael O. Randolfi Chief Financial Officer
Colin I. Bodell Chief Technology Officer
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