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Groupon Acquires Its Way Into Israel, South Africa And India

Media - Posted: January 11, 2011

Groupon

Groupon is determined to launch daily deal sites in markets all over the world, as we’ve seen in the past. This morning, the social commerce company announced that it has acquired SoSasta (India), Grouper (Israel) and Twangoo (South Africa), respectively. Terms of the deals were not disclosed.

SoSasta has only been around for about three months, but already offers daily deals in 11 Indian cities according to Groupon. Serving Tel Aviv and surrounding cities since March 2010, Grouper was launched almost a year ago, while Twangoo covers the most cities of any deal site in South Africa, the company adds.

Read the rest at Techcrunch here.

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Rishi Chowdhury

Co founder of YHP, founder of IncuBus Ventures, online marketing consultant & host of one of London's top entrepreneurial events (Flagons Den). Regularly found networking around Tech City, convincing myself I'm working. Working for the future, living for the moment.

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