Feeds

Google could drop Groupon into shopping basket

Multi-billion dollar buyout mulled, say reports

Beginner's guide to SSL certificates

E-commerce coupon website Groupon Inc is reportedly mulling a takeover from Google.

The Chicago-based company has been in talks about a possible acquisition, according to a Bloomberg report that cited two anonymous sources with “knowledge of the matter.”

All Things Digital also reported on Friday that Google might snap up Groupon.

A sale of Groupon to Google may be on the cards, though such a deal – which could be as high as $5bn – might not be reached until the end of this year.

Groupon, which has only been on the interwebs for two years, is also said to be considering moving to a new round of fundraising that could slap a $3bn value on the firm.

The company actually started life with The Point website in November 2007.

“We came up with the patent-pending idea for Groupon as an antidote to a common ailment for us city-dwellers: there's so much cool stuff to do, but the choice can be overwhelming,” the company explains on its “About Us” web page.

“With so many options, sometimes the easiest thing to do is to go to a familiar restaurant, or just stay at home and watch a movie. As a result, we miss out on trying all the cool things our cities have to offer. By focusing on one good or service each day, Groupon makes it simple. And by leveraging The Point's framework for collective buying, Groupon is able to offer deals that make it very difficult to say no.”

All of which sounds very much like the type of web property Google would wish to hoover up into its online ad empire, assuming it gets the required regulatory nod from US officials, that is.

Groupon, which counts chat show queen Oprah Winfrey as a fan, failed to agree a $2bn-$3bn takeover deal from Yahoo! when the Carol Bartz-run web portal was sniffing around the site earlier this year. ®

Beginner's guide to SSL certificates

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
DOUBLE BONK: Testy fanbois catch Apple Pay picking pockets
Users wail as tapcash transactions are duplicated
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
In the next four weeks, 100 people will decide the future of the web
While America tucks into Thanksgiving turkey, the world will be taking over the net
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.