Groupon Cancels IPO Roadshow

Market volatility delays public Launch

The online discount firm Groupon is reportedly re-evaluating plans to float on the stock market, the Wall Street Journal reports.

The Chicago-based firm has already canceled its investor roadshow and is reconsidering its initial public offering in the face of "stock market volatility."  The Journal adds that the company has not ditched plans for an IPO, but is "reassessing its timing on a week-by-week basis," according to an unnamed source.

Groupon is one of the fastest-growing companies in the technology sector, having launched three years ago.

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