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Monday, May 27, 2024

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Report: Google May Buy Groupon

Kara Swisher reports Google is looking at Groupon as a possible acquisition. She said she has “multiple sources” close to the deal that say Google is very interesting in making a bid on Groupon.

Google did not confirm the rumors but did reply to Kara’s press request in Google fashion:

Per usual, we don’t comment on rumor or speculation. If we did we’d be busy 24/7!

Groupon is a local deals coupon site that has grown in popularity. Clone after clone has been created trying to replicate the model. To learn more about Groupon, see our article named A Look At Social Shopping With Groupon by Michael Gray.

There were rumors of earlier that Yahoo would buy the local deals site, but Yahoo went at it alone.

For more coverage on this rumor, see Techmeme.

Postscript: See Google To Buy Groupon This Week In $5 to $6 Billion Deal?


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