According to numerous reports, Groupon has rejected a bid from Google of between $5 and $6 billion. Neither company is commenting on the story.
Groupon, which has raised around $170 million, is one of the fastest-growing VC backed companies ever. Forbes published an aticle in Augusted titled “Meet The Fastest Growing Company Ever“. Groupon’s annual revenues are reported at around $500 million. The All Things Digital blog reports that Groupon has attracted upward of $50 million in monthly revenue.
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Related articles:
- Has Google bought Groupon? Posted by Fusion DigiNet on November 30, 2010
- Groupon has acquired European competitor Citydeal Posted on May 18, 2010
- Groupon acquires mob.ly Posted on May 7, 2010
- Groupon raises more funds at a $1.2 million valuation Posted on April 18, 2010
- Groupon has raised a Series B financing round of $30 million December 2, 2009
- Google acquires Quiksee Posted on September 15, 2010
- Google acquires SocialDeck September 1, 2010
- Google in the final stages of acquiring Like.com Posted on August 19, 2010
- Google acquires social technology company Slide Posted on August 13, 2010
- Google to buy ITA Software for $700 million Posted on July 2, 2010
- Google to make cash offer to acquire Global IP Solutions Posted on May 10, 2010
- Google acquires Labpixies Posted on April 30, 2010
- Online photo editor Picnik Acquired by Google Posted on March 9, 2010
- Google has acquired DocVerse Posted on March 6, 2010
- Social search engine Aardvark has been acquired by Google Posted on February 14, 2010
- Google is acquiring AppJet, the small startup that builds the popular collaboration tool EtherPad Posted on December 4, 2009
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