Groupon Expands Into India, Israel and South Africa
Groupon expands in three new countries through the launch of Groupon India, Groupon Israel and Groupon South Africa. The Chicago-based operator of websites for organizing group actions was able to expand its local commercial platforms in India, Israel and South Africa through the purchase of daily deal sites SoSasta (http://www.sosasta.com), Grouper (http://www.grouper.co.il) and Twangoo (http://www.twangoo.co.za), respectively. Financial terms of the deals were not disclosed. Groupon is backed by Accel Partners, Battery Ventures LP and New Enterprise Associates Inc.
11 January 2011•3 mins read
