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Groupon crosses Atlantic, buys Euro 'clone'
One way to deal with all of those pesky competitors in the online daily-deals market is to buy them. And likewise, one way to expand overseas is to acquire the European version of yourself.
Both apparently made sense to Groupon, which announced Sunday that it has acquired European-based CityDeal, "the world's largest Groupon clone," as it was described in a press release.
"That means we're operating in 18 countries, 140 cities, and we have over 900 employees in about a dozen offices across two continents," Groupon founder and CEO Andrew Mason, said in a … Read more
