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Friday, 21 January 2011 13:48
The highly successful social shopping company, Groupon, has entered the Israeli market by acquiring an Israeli start-up called Grouper. Groupon is set to pay the company approximately $8 million over the course of 3 years.
Grouper is the first social buying site in Israel.This recent purchase is part of Groupon's larger international expansion into Israel, India, and South Africa.
Groupon launched in 2008 in Chicago and offers daily deals for consumers based on the principle of collective buying.
For more information, please visit Grouper and Groupon websites.
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