Amazon investing $175 million in Groupon rival(suntimes.com)
suntimes.com
Amazon investing $175 million in Groupon rival
http://www.suntimes.com/business/2940858,amazon-invest-livingsocial-120210.article
3 comments
This makes much more sense that paying 35 times as much for Groupon
Well considering Groupon has 80% of the market- this is probably too much but they need the cash to compete if Goog gets 'em. They need amazon's marketing machine more than anything. But there's enough money in the space to go around thats for sure.
This is great news for affiliate marketeers who would take a huge hit if the biggest search engine (Google) starts favoring the biggest coupon site (Groupon). I hope the coupon market stays fragmented enough so people still need to search.