Groupon (GRPN) Picked 1385 days ago

James(< 25%) Rated this as a with a target price of $12.25 in the next 30 days
Groupon is well positioned for the shift to mobile, with around 50% transactions in North America through mobile in second quarter of 2013 compared to 30% in second quarter last year. Smartphone users in the U.S. are expected to grow at a CAGR of 11.31% from 2012 to 2017, reaching 207.40 million. Additionally, online spending has significantly increased. In the U.S., it will reach $248.7 billion by 2014 from $155.2 billion in 2009. This could be the right opportunity for Groupon, to leverage this trend to connect to more users and businesses.


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