Groupon Rejects Google's Offer

Kara Reeder
Slide Show

What Google's Buying

Highlights on a handful of Google's 2010 acquisitions

Google and Groupon have ended talks over Google's multi-billion dollar bid to buy the local deals site, reports The Wall Street Journal.


Last week, Google put up a $5.3 billion bid for Groupon, with some calling it a "killer move," while others called it "absurd." Groupon's board was equally divided over the prospect.


The Journal claims that Groupon will remain independent and possibly pursue an IPO in the future.


However, this does not put an end to Google's options for picking up a social buying site. As The New York Times notes, Google can easily go after one of Groupon's larger competitors, such as LivingSocial, BuyWithMe or Tippr.

Add Comment      Leave a comment on this blog post

Post a comment





(Maximum characters: 1200). You have 1200 characters left.



Subscribe to our Newsletters

Sign up now and get the best business technology insights direct to your inbox.


Resource centers

Business Intelligence

Business performance information for strategic and operational decision-making


SOA uses interoperable services grouped around business processes to ease data integration

Data Warehousing

Data warehousing helps companies make sense of their operational data