Groupon IPO back on track: report

Retail Reuters

(Reuters) - Groupon seeks to go public in October or November, people familiar with the matter told the New York Times on Wednesday, a week after the daily deals website put its IPO on hold for a few weeks as it waited to ride out global market turmoil.

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The online coupon giant's Chief Executive Andrew Mason had earlier lashed out at critics in an internal memo to employees, which became public in August.

The IPO restart is being driven in part by a resolution between the company and the Securities and Exchange Commission over the memo, sources told the newspaper.

Groupon was not immediately available for comment.

(Reporting by Gowri Jayakumar in Bangalore; Editing by Muralikumar Anantharaman)

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