Business Google

Google To Buy Groupon?

Groupon, the daily deals website has been the subject several acquisition related rumors in the past. Earlier this year, we had word that Yahoo was in talks with the company over a possible acquisition. That apparently fell through. Now there is word that Google could be wooing the company in a bid to reaffirm its position in the local commerce market. According to reports, Groupon has a reported revenue of close to $50 million a month and that Google could be making an offer that is notably higher than the $2-$3 billion that was offered by Yahoo.

Though the revenues are pretty attractive, the Groupon management has apparently been actively talking to the potential buyer themselves. The reason, it is believed, is possibly because of possible uncertainties of the business model in the long run.

Anyway, let us wait and watch to see how these rumored talks pan out.

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