Groupon makes even more news, buys deal sites on two continents

Share this content:

Chicago-based daily deals site Groupon got to work quickly after raising $950 million in funding to support its infrastructure and to help it expand. The company said today that it has acquired deal websites SoSasta in India, Grouper in Israel, and Twangoo in South Africa.

Earlier this week, the uber-fast-growing website turned heads when it announced it had raised nearly a billion dollars, including investments from Andreseessen Horowitz, Battery Ventures, DST, Greylock Partners, Kleiner Perkins, and other firms. Groupon reportedly grew from one to 35 countries and launched business in 500 local markets in 2010. However, the company made even bigger headlines late last year when it reportedly turned down a $6 billion acquisition offer from Google.

DMNotes is DMN's around-the-clock blog. Yes, a blog in 2016.

Bookmark this section and follow our RSS Feed here

Sign up to our newsletters

Company of the Week

Brightcove is the world's leading video platform. The most innovative and respected brands confidently rely on Brightcove to solve their most demanding communication challenges because of the unmatched performance and flexibility of our platform, our global scale and reliability, and our award-winning service. With thousands of customers and an industry-leading suite of cloud video products, Brightcove enables customers to drive compelling business results.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above