google bought goupon

Google Bought Groupon for $2.5 Billion

Vatornews statements quoting a “reliable source” common with the circumstances that Google has purchased Groupon for $2.5 billion.

The acquirement which is unverified at this point goes after the reports concerning Google being in discussion to purchase the increasing well-liked restricted deals location, following Yahoo had unsuccessful to discuss an achievement for a $2-3 billion prior this year.

google bought goupon

Groupon is one of the largest Internet achievement stories as of overdue, with a $1 billion dollar assessment, accounted revenues of more than $50 million for each month (the location is comparatively latest, having been opened in November 2008) and copycats, annoying to imitate its achievement, developing almost every day.

The achievement, if accurate, creates much logic for Google, providing it a magnificent chance to combine Groupon agreements with its local business directory, Google Places. Alternatively, for Groupon it will be greatly easier to ward off all those the same services under wing of Google.

We have straightened together with Groupon and Google for remark on the agreement, but have not so far received utterance from them.