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JAN 11, 2013 - SocialTimes.com

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Groupon Acquires Location Service Startup Glassmap

Groupon has acquired the Y Combinator-backed startup Glassmap, whose business products target deals to customers nearby. The deal was announced by Glassmap on Friday, and terms were not disclosed. “Groupon has revolutionized how people today use technology to interact with the real world, and that’s why we’re so excited to join them,” wrote co-founders Geoffrey Woo, Jon Zhang, and Jonathan Chang on Glassmap’s blog. The acquisition signals that Groupon is continuing to build its original deals business. Most of its other recent investments, including the acquisition of a ... Read More

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