Friday, January 21, 2011

Confirmed: Google GroupOn to buy $5.3 billion

According to The Economic Times:

Internet giant Google will buy a Web site, which offers its users an amazing price of $5.3 billion coupons, discount a media report said on Wednesday.

Google sell its GroupOn website under $5 .3 billion (4.1 billion pounds) Andrew Mason.

Mason, 29, directed the business two years ago. He employs 1,000 people and has 2.5 million users in the UK alone, the daily mail reported.

My previous thoughts on GroupOn here.


View the original article here

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