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.

About Alison Meadows

Alison Meadows has a PHD in Economic Trends in Modern Times and is a known writer who focuses on hedge fund investments. Meadows, her husband, and three kids live in Boston, where she grew up and attended college. Contact Alison at alison[at]