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Showing posts with label Groupon. Show all posts
Showing posts with label Groupon. Show all posts

5 Dec 2010

Groupon and Google end talks - Telegraph Local Marketing Sales Promotion Crowd Sourcing and No Thanks to Googles Billions

Groupon and Google have ended talks, its a very confident founding team that turn down the certainty of several billions from Google. Groupon is a leader in sales promotion and location based marketing on the web which combines crowd sourcing to determine the best offers and make them happen. Hindsight is a great thing but with rumours of considering an IPO next year it would seem with sales of 500m but undisclosed profits they are more than confident that their business model will stand up to real market listing and testing of it's early success.

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