Google May Buy Groupon

Google is setting its sights on the purchase of Groupon, the New York Times reported today.

Groupon, the increasingly popular e-commerce coupon website, emails about 200 deals daily to its members. The deals are actualized only when a minimum number of people target the same deal, which in turn enables Groupon to negotiate steep group discounts on the relevant item or service.

Google may pay as much as $6 billion for Groupon, according to the New York Times report. But sources informed about the potential agreement advised that the deal is not yet confirmed.

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