Google in Talks to Buy Groupon: Report
Google is in talks acquire popular retail deal site Groupon, according to a report from the Wall Street Journal Friday.
Groupon, which was launched in November 2008 and is reportedly raking in nearly $50 million a month in revenue, was one of the first sites to offer online consumers the option to rally together to purchase products and other services at fire-sale rates.
This isn't the first time Groupon has been courted—talks for a purchase by Yahoo ended earlier this year with no deal. However, sources told the Journal that Google may be interested in paying well above the $2 billion to $3 billion reportedly offered by Yahoo.