Groupon Says No To Google as Mason goes Zuckerberg
Reports have it that Groupon will NOT be a part of Google's empire. But can it build one of it's own to rival the search giant's?
Reports are surfacing that confirm social commerce and daily-deal giant Groupon’s rejection of Google’s reported acquisition offer of $6 billion. The announcement comes on the heels of Amazon’s announcement of its $175 million investment into daily-deals No. 2 LivingSocial at the end of last week, when many in the industry felt a deal between Groupon and Google was imminent. Negotiations between the search powerhouse and Chicago-based Groupon supposedly stalled and ended last Friday, the Wall Street Journal reports.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in