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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 CEST

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
Stocks mentioned in the article
ChangeLast1st jan.
EBAY -0.51% 40.97 Delayed Quote.8.56%
GROUPON INC -0.64% 4.66 Delayed Quote.-8.04%
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Financials ($)
Sales 2018 2 642 M
EBIT 2018 152 M
Net income 2018 26,3 M
Finance 2018 731 M
Yield 2018 -
P/E ratio 2018 96,48
P/E ratio 2019 48,19
EV / Sales 2018 0,72x
EV / Sales 2019 0,63x
Capitalization 2 634 M
Chart GROUPON INC
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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 16
Average target price 5,32 $
Spread / Average Target 14%
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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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