Groupon Continues Global Expansion With Possible Tencent Partnership in China

Groupon's appetite for buying clones has no end in site, especially with rumours that a possible deal with Chinese internet giant Tencent that could see Groupon enter crack a market where both Facebook and Google failed.

Group buying phenomenon Groupon is reportedly in talks with one of China’s largest internet service portals. Tencent, a provider of internet games and the most popular instant messaging platform in China (QQ Instant Messenger), is in talks with Groupon to potentially help the fastest growing company ever grow even more in the lucrative Asian market. Groupon has had its eye on international markets for some time now, having recently announced several acquisitions in Europe, the Middle East and South Africa.

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