Saturday, January 22, 2011

Google Offers: Taking Out Revenge Against Groupon? - Deal Journal - WSJ

“Revenge” makes for a melodramatic headline, but I suspect it will be easy for Google to establish that it was working on a service similar to Groupon long before its rumored bid for Groupon, and was attempting the acquisition to accelerate an already-active initiative, much as it did with YouTube (relative to Google Video).  I predict “groupon” will be used as a verb in the future, as in “To arrogantly walk away from <= $6B”…

Mashable broke the news that Google is planning to launch a service similar to Groupon, the deals-of-the-day website that recently spurned a $6 billion takeover offer from Google. Apparently revenge is a dish best served quickly.

Google Offers, Mashable reports, is being pitched as a “new product to help potential customers and clientele find great deals in their area through a daily email.” Sound familiar? Yeah, that’s what Groupon does, too.

Google Offers: Taking Out Revenge Against Groupon? - Deal Journal - WSJ

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