Popular group buying site Groupon announced raising $950 million in its most recent round of financing. The nearly billion dollars comes after rejecting a $6 billion offer from Google. Groupon has of over 50 million subscribers and connections with over 58,000 local businesses making them a hot commodity for local advertising. Read the full article at businesswire.com
Groupon Raises $950 Million
Author: Shelly Palmer
Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network's, Shelly Palmer Digital Living Daily, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment. He is Managing Director of Advanced Media Ventures Group, LLC an industry-leading advisory and business development firm and a member of the Executive Committee of the National Academy of Television Arts & Sciences (the organization that bestows the coveted Emmy® Awards).