Street Fight Daily: 07.15.11
A roundup of today’s big stories in hyperlocal media, technology, advertising and startups...
Over the past six months, daily deal sites such as Groupon, Living Social and Gilt Groupe have attracted more than $1.69 billion in venture capital and other investments. Globally, there are more than 3,000 total daily deal companies, including more than 1,000 in China, more than 900 in Europe, and more than 600 in South America. (Daily Deal Media)…
Groupon has filed new S-1 from for its IPO where it is looking to raise at least $750 million. The daily deals site has added new underwriters Williams, RBC, Loop, Citadel, JPMorgan, Allen & Co, BofA, Citi, Barclays and Deutsche in addition to previous underwriters Goldman Sachs, Morgan Stanley and Credit Suisse. (TechCrunch)…