crenk's Instablog Im the CEO over at RouteNote and Crenk. I have a very big interest in public stocks and watch the market on a daily basis. crenk http://seekingalpha.com Groupon Continues Global Expansion and Push Towards IPO http://seekingalpha.com/instablog/825318-crenk/142884-groupon-continues-global-expansion-and-push-towards-ipo?source=feed 142884 Groupon has continued their world dominance and have launched their official site in the United Arab Emirates (UAE). The site URL is www.groupon.ae. The UAE site will serve the main cities in the country first, Dubai and Abu Dhabi.

“Groupon’s expansion to United Arab Emirates is another step in our development as a global Internet brand,” said Rob Solomon, president and chief operating officer of Groupon. “Groupon UAE will change the face of the local collective buying market, leveraging the best practices Groupon has pioneered in more than 40 countries around the globe.”

Groupon is focusing heavily on global expansions at the moment, as they recently launched in China with Gaopeng.com, a collaboration with local-based Tencent.com. It was obviously very important for Groupon to launch in China simply because of the population size. Now, the UAE expansion is also very important because its a rich country in general and the average price of a product sold will be a little higher than in other markets.

Google and AOL are both trying to frantically develop Groupon competitors, but so far they are yet to gain any real traction. Keep an eye on one of these companies or Amazon to push in this market. Amazon recently acquired LivingSocial the number two player in this market.



Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
]]> Tue, 01 Mar 2011 08:22:41 -0500 Groupon has continued their world dominance and have launched their official site in the United Arab Emirates (UAE). The site URL is www.groupon.ae. The UAE site will serve the main cities in the country first, Dubai and Abu Dhabi.

“Groupon’s expansion to United Arab Emirates is another step in our development as a global Internet brand,” said Rob Solomon, president and chief operating officer of Groupon. “Groupon UAE will change the face of the local collective buying market, leveraging the best practices Groupon has pioneered in more than 40 countries around the globe.”

Groupon is focusing heavily on global expansions at the moment, as they recently launched in China with Gaopeng.com, a collaboration with local-based Tencent.com. It was obviously very important for Groupon to launch in China simply because of the population size. Now, the UAE expansion is also very important because its a rich country in general and the average price of a product sold will be a little higher than in other markets.

Google and AOL are both trying to frantically develop Groupon competitors, but so far they are yet to gain any real traction. Keep an eye on one of these companies or Amazon to push in this market. Amazon recently acquired LivingSocial the number two player in this market.



Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
]]> tech Expedia is preparing for a sale? http://seekingalpha.com/instablog/825318-crenk/129161-expedia-is-preparing-for-a-sale?source=feed 129161 Expedia employs about 6,000 people worldwide, with 2009 revenue of $2.95 billion. The company, with a market value of $7.4 billion, has been discussed as a buyout target in the past.

Will we see a buyout very soon?



Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
]]> Mon, 17 Jan 2011 03:39:21 -0500 Expedia employs about 6,000 people worldwide, with 2009 revenue of $2.95 billion. The company, with a market value of $7.4 billion, has been discussed as a buyout target in the past.

Will we see a buyout very soon?



Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
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