Monday, November 29, 2010

Google Has Bought Groupon for $2.5 Billion

Some Reports in the American Media has claimed that Search Engine Giant Google has bought the famous  deal-of-the-day website Groupon by paying a massive amount of $2.5 Billion last week.  Reports in Newspaper Vatornews on Sunday claimed that their sources has confirmed that this deal has taken place.

Groupon is a very popular website which has got great success in a very short period of time. it was just launched in November 2008 which means its just 2 years old. if this deal has taken place it will be good for both Google as well as Groupon. It will help in improving Google Places and Google local business directory.  When Google and Groupon officials where contacted about this deal they refused to comment on it for now.