26 Jan '11, 8am

Groupon buys Malaysia's GroupsMore, expands Southeast Asian reach

Groupon buys Malaysia's GroupsMore, expands Southeast Asian reach

Hello there! If you are new here, you might want to subscribe to the RSS feed for updates on this topic. Powered by WP Greet Box Groupon snaps up yet another daily deals site in Asia and this time it’s in Malaysia. The company today announced the acquisition of GroupsMore. This is the fourth daily deals site in Asia Groupon has acquired in a span of two months. The terms of the deal were not disclosed. Rob Solomon, president of Groupon said in a press release, “The acquisition of GroupsMore is further evidence of Groupon’s strong commitment to working with only the best collective buying sites throughout Asia and across the globe. We will continue to help shape the way local merchants market themselves in every corner of the world.” Last month, Groupon announced acquisition of Beeconomic in Singapore, uBuyibuy in Hong Kong, and AtlastPost in Taiwan while a teaser website f...

Full article: http://e27.sg/2011/01/26/groupon-acquires-malaysian-deals...

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