Tuesday, November 23, 2010

Google Inc. Might Acquire another E-Commerce Coupon Website, Groupon Inc: Rumors

Groupon Inc. is a Chicago-based company, a private asset launched nearly two years back. It is suppose to deliver all the users a daily e-mail message for about 200 deals. Groupon, is situated in almost a total of 250 markets in entire North America.
Different anonymous sources have reported that discussions about the over-take of a $3 billion E-commerce coupon site, Groupon Inc. by Google Inc. are taking place, since this Friday.
However, the spokesman of Groupon Inc, Julie Mossler did not deny or accept these rumors, as she claimed that "There is nothing for us to comment on. These are just rumors," Whereas on the other hand, spokesman of Google also declared simply that the company does not comment on rumors or speculation.
Earlier, Groupon has once stated already, that it had gained attention of few giant technology companies. Rob Solomon, their president, one said, "We have no plans at all right now to sell, or an IPO, the only plans are to grow." However, the allegations say some other story; Groupon is acquired of juggling whether to simply sell out itself completely to Google or otherwise proceed with a whole new round of fundraising.

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