-US Groupon enjoys popularity in France.(Brief article)

INTERNET BUSINESS NEWS-(C)1995-2011 M2 COMMUNICATIONS

28 January 2011 - The French-version website of US group buying and daily deal website Groupon recorded 6.5m unique visits in November 2010, Philippe Jochem, commercial director for France told daily Le Figaro in an interview.

Recently, Internet search giant Google offered to buy Groupon for USD6bn, but the target firm turned down the proposal saying it can develop alone. Its market value is estimated at USD15bn.

Groupon has active operations in 27 towns in France, offering a 50-70% discount on deals. The staff in the country stays at 200 at present and is set to grow.

((Comments on this story may be sent to info@m2.com))