As we told you last night about Google to buy Groupon (A daily deals coupon website). Like Amazon to buy LivingSocial, Groupon most successful Rival, But it seems that it’s not easy to buy any website for money as compare to its revenue in a year.
According to report now Groupon have rejects Google's $6 Billion offer. Citing two sources familiar with the talks, the Chicago Tribune is reporting that Groupon, a fellow resident of Chicago, has decided to go it alone, passing up an offer to be acquired by Google for between $5 billion and $6 billion. The report suggested Groupon hasn't made a final decision about whether it wants to pursue an initial public offering but might go down that road next year.
Read Full Story »»
No comments:
Post a Comment