Google, Yahoo and eBay have their eyes (and money) on Groupon.com
The three American giants are ready to pay as much as 3 to 4 million dollars for the purchase of Groupon.com. The website offers limited daily local deals that are only valid if the customer gets enough people to sign up. One offer is available per hour and is usually related to a service such as restaurant or hotel, but the website has also offered discounts on consumer goods like flowers or clothes.
According to investment bank Morgan Stanley, Groupon, which currently has 18 million users worldwide, will be making millions of dollars more quickly than Google and eBay ever did. Quite a performance.
Copyright © 2023 FashionNetwork.com All rights reserved.