The battle between Scoopon and Groupon over groupon.com.au domain and related trademark seems to be over. It’s reported in SMH that the parties reached settlement and US group buying giant got domain and TM for undisclosed compensation.
Industry experts believe that that the deal value is at least not less than $289K (the sum, which Scoopon founders brothers Hezi and Gabby Liebovich asked).
Despite of the deal groupon.com.au domain still leads nowhere at this moment. It’s be interesting to see how fast Groupon will change branding of it’s Aussie venture currently called StarDeals to Groupon.
2 Replies to “Scoopon reached settlement with Groupon regarding domain and trademark”
I won’t be surprosed if I learn that scoopon’s entire business idea was this settlment!!
I think in that case they would sell the whole business, not domain name and trademark only