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Does Google Own Groupon? The Truth Behind The Rumors

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Does Google own Groupon?

In December 2010, Groupon, a leading e-commerce deals platform, declined a $6 billion buyout offer from Google, opting to pursue its own path. This decision sent shockwaves through Chicago’s tech and business circles. Groupon’s decision to go independent signaled its confidence in its business model and its ability to compete in the growing online deals market.

This decision, while bold, was strategic. At the time, Groupon was experiencing rapid growth and had a strong brand presence. The company believed it could achieve greater success by maintaining its independence and pursuing its own vision. While some questioned Groupon’s decision, the company ultimately proved its skeptics wrong. Groupon continued to grow and evolve, becoming a household name synonymous with online deals.

It’s important to note that while Google did not acquire Groupon, the two companies have a complex history. Google has been a major investor in Groupon, and the two companies have collaborated on various projects over the years. However, Google does not own Groupon. Groupon remains an independent company, continuing to offer its unique platform for discovering and purchasing local deals.

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