Google To Buy Groupon For $2.5 Billion? (Rumor)


According to Vatornews, Google Has just purchased Groupon for $2.5 billion, although the acquisition in unconfirmed by either Google or Groupon at the moment.

There have been rumors over the past few weeks that Google made a bid for Groupon of between two to three billion dollars, so this latest rumor would tie in with the previous ones.

google groupon

Groupon is becoming increasingly popular, and now has reported revenues of around $50 million a month, and a Google acquisition, could possibly mean that Google could integrate the Groupon services into its local business directory, Google Places.

via Mashable