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Google may have bought Groupon for $2.5 billion


So far this story seems to trace back to a site called Vatornews.com
and an interpretation of tweets on the part of TechCrunch. So it's nothing you want to rush on to the air with just yet but it's a good story to keep an eye on today if it gets confirmed. There have been other rumors about negotiations between the two companies for a while with Google looking to dramatically beef up the offerings in its relatively new Places feature. Groupon has massive customer loyalty, Google has mountains of cash, seems to be a good fit. And if they can get it done and get some integration in place before Christmas, this could be a big deal. But again, just rumors (though persistent ones) for now.

In a related story, you wish you had thought of Groupon.

About the author

John Moe is the host of Marketplace Tech Report, where he provides an insightful overview of the latest tech news.

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