According to news reports, Vatornews reports Google has bought Groupon for $2.5 billion citing a “reliable source” familiar with the situation.
The acquisition — which is unconfirmed at this point — follows the rumors about Google being in talks to buy the popular local deals site, after Yahoo had failed to negotiate an acquisition for a $2 billion to $3 billion earlier this year.
Groupon is one of the quickest Internet success stories in recent memory, with a $1 billion and climbing valuation, reported revenues of more than $50 million per month (the site is relatively new, having been launched in November 2008) and copycats, trying to emulate its success, sprouting nearly every day.
Photo by Google/Groupon.
What could be better than earning up to 100% commission on the sales of exciting cruise and destination vacation packages?
Earn recurring monthly payments selling mobile websites and apps to local businesses.
Be a part of the number one growth industry while securing your future with residual income.
Millions of people retire in poverty - but it doesnt have to be this way!
Amazing opportunity for only $500 in an industry that is prime for sales.