Today’s Deal: Google Buys Groupon for $2.5B?
I think someone at Google might have had a little too much spiked apple cider over Thanksgiving, because rumors are heating up that the search giant just acquired online coupon service Groupon for $2.5 billion!
According to VatorNews…
Google has just purchased Groupon for $2.5 billion, according to an unnamed insider who spoke with VatorNews. Neither Google nor Groupon could be reached for comment to confirm the report, but Vator’s source is reliable and the report falls in line with the recent string of Groupon acquisition rumors.
If that is true, then Groupon might just be a bigger acquisition than the monstrous purchase of YouTube back in 2006. Not only is the purchase price about $1B more, but unlike YouTube at the time, Groupon is said to be raking in as much as $50 million a month!
With such a whopping price tag, Google should have enough of an investment to turn Groupon into a massive part of our daily lives. It’s that price tag that might just prevent Groupon from becoming another Dodgeball.
The big questions is: did they get a discount on the price with a coupon?