As SmartCompany wrote today, there are strong rumors that Google purchased GroupOn for 2.5 billion USD. The deal supposedly was closed earlier this month. Interesting to note, that earlier GroupOn reportedly rejected on offer from Yahoo! (US$1.7 billion).
GroupOn is a pioneer of group buyng, with over 20 million customers in 29 countries.
As I wrote earlier, there are many GroupOn followers in Australia, biggest five were analyzed in our report
Update: new rumors circulating indicate that GroupOn’s purchase price will be even higher, $US6 billion! If it is true it will be the biggers Google purchase!
Update2: GroupOn board decided to decline deal with Google. Things are getting even more interesting, some people start to believe that it is the milestone, marking the end of the Google Era in Internet.