Groupon to acquire Canadian company

Posted by Rob Lewis

Groupon is international thanks to strategically acquiring deal-of-the-day services similar to it and rebranding them under the Groupon flag.

Acquistions to date have included Europe's MyCityDeal, South America's ClanDescuento, Singapore's Beeconomic.com, Japan's Qpod.jp, Russia's Darberry.ru., India's SoSasta.com, Asia's uBuyiBu, and Malaysia's GroupsMore.com.

But why haven't they acquired any companies in Canada?

Groupon has 28% of the Canadian daily deal market but that is hardly a dominant position.

That may be about to change. Multiple independent sources have told Techvibes that a Groupon acquistion of a BC-based company is imminent. We've been unable to verify the target company but our sources are solid and we expect to hear more next week.

Google, Zynga, Twitter, and Saleforce have all purchased Canadian companies in 2011. It would be great to add Groupon to that list of buyers.

Image: Inc. Magazine

Company:
Groupon
Website:
http://www.groupon.com
Location:
Chicago, Illinois, United States

Launched in November 2008, Groupon features a daily deal on the best stuff to do, see, eat, and buy in a variety of cities across the United States. We have about 200 wonderful people working in our Chicago office (a handful of whom you can see to your right), along with a smattering of people in Groupon's other cities. Our company philosophy is pretty simple: we treat our customers the way we like to be treated.... more


blog comments powered by Disqus

Rob Lewis

Rob Lewis

Rob is the President of Techvibes Media and Editor-in-Chief of Techvibes.com.  His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University. When not running Canada's leading technology media property, Rob can be... more




Who's Hiring



Recent Comments

Powered by Disqus