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JAN 29, 2013 - Business Insider

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Amazon And Groupon Partner In France As Acquisition Rumors Swirl (AMZN)

Groupon's daily deal in Paris this morning was 50% off a 40 euro coupon for Amazon.fr, Amazon's French website. This is interesting for two reasons: all the acquisition rumors  swirling around Groupon and reports that Amazon wants to make an investment in LivingSocial, Groupon's biggest competitor. Amazon is the king of e-commerce but has been caught flat-footed by the new wave of social/group buying commerce companies like Groupon and flash sales sites like Gilt Groupe. It acquired little-known daily deal startup Woot but that hasn't moved the needle much. Amazon is no enemy of making ... Read More

Tags: Amazon And Groupon Partner In France As Acquisition Rumors Swirl (AMZN),  Groupon Latest News