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A Google (GOOG -3.6%) deal for Groupon “makes sense on several levels," Needham's Mark May...
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Tuesday, November 30, 2010, 2:25 PM ETA Google (GOOG -3.6%) deal for Groupon “makes sense on several levels," Needham's Mark May says, helping it bridge opportunities in social networking, local search and mobile services. He pegs Groupon’s revenue at near $1B on a “run-rate” basis, much higher than some estimates. But at a reported $6B purchase price, “it could take a couple years to grow into the valuation.”
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